SoFi Bank P2P Transfer Service definition

SoFi Bank P2P Transfer Service means the online electronic funds transfer service made available by SoFi Bank, through which Customers may send money to, or receive money from, other SoFi Bank Customers or external account holders by ACH or by other electronic means.

Examples of SoFi Bank P2P Transfer Service in a sentence

  • The SoFi Bank P2P Transfer Service can be used for domestic payments only.

  • SoFi Bank Customers who wish to pay bills should use the SoFi Bank Bill Pay Service rather than the SoFi Bank P2P Transfer Service.

  • The SoFi Bank P2P Transfer Service is intended for personal use and is not to be used for commercial purposes.

Related to SoFi Bank P2P Transfer Service

  • Account Information Service Provider means a payment service provider pursuing business activities as referred to in point (8) of Annex I;

  • Residential service means water service provided for domestic or irrigation purposes in a residential area and is not considered a commercial service.