SoFi Money definition

SoFi Money means a cash management account offered by SoFi Securities, LLC.
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SoFi Money account is expected to launch in early 2018.
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Examples of SoFi Money in a sentence

  • Converting a SoFi Money Account into SoFi Checking and Savings Accounts.

  • During any such suspension, SoFi Securities will continue to honor all credit transactions, including deposits and incoming P2P Transfers; and Free Credit Balances will continue to be swept to Program Banks in accordance with the terms of the SoFi Money Sweep Program.

  • Not all transactions with your registered SoFi Money Debit Card may be tracked by Mastercard.

  • Each month, SoFi Securities will electronically post to your Account an Account Statement, which will reflect all activity in your SoFi Money Account for the related statement period.

  • The interest rates(s) under the SoFi Money Sweep Program may be lower than the interest rate(s) which may available from banks or other financial institutions.

  • All joint Accounts are opened naming both SoFi Money Customers as “joint tenants with right of survivorship”.

  • Subject to eligibility verification and settlement of the qualifying transaction, scheduled payouts will be posted to your SoFi Money Account within 7 days after the transaction has settled but may be subject to delays.

  • You can use the direct deposit feature to have a paycheck or any other income you regularly receive deposited directly into your SoFi Money Account.

  • Over the years, the product suite has expanded to include home loans, personal loans, wealth management, SoFi Money (a cash management account with checking account features), in-school student loans, and credit cards.

  • SoFi Money is a cash management account designed for U.S. based customers who wish to have a full feature, online account, through which you can pay bills, send or receive money, access cash at ATMs, pay for goods and services using a Mastercard debit card, deposit checks via smartphone or tablet, write checks, earn interest as described herein and perform other functions.

Related to SoFi Money

  • E-Money means electronic money as defined in the SI No. 183/2011 – European Communities (Electronic Money) Regulations 2011.

  • Secured Money means all money which any Obligor owes to the Lender whether under this Agreement or any other arrangement (including amounts that may be advanced after the date of this Agreement);

  • Client Money means the provisions of the FCA’s Client Assets Sourcebook relating to client money.

  • Retention Money means the accumulated retention moneys which the Procuring Entity retains under Sub-Clause

  • Indebtedness for Borrowed Money means any present or future indebtedness (whether being principal, premium, interest or other amounts) for or in respect of (i) money borrowed, (ii) liabilities under or in respect of any acceptance or acceptance credit or (iii) any bonds, notes, debentures, loan capital, certificates of deposit, loan stock or other like instruments or securities offered, issued or distributed whether by way of public offer, private placement, acquisition consideration or otherwise and whether issued for cash or in whole or in part for a consideration other than cash;

  • Value for Money means best returns for each rupee spent in terms of quality, timeliness, reliability, after sales service, up-grade ability, price, source, and the combination of whole-life cost and quality to meet SNDB’s requirements.

  • Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Purchase Money Obligation means an obligation of an obligor incurred as all or part of the price of the collateral or for value given to enable the debtor to acquire rights in or the use of the collateral if the value is in fact so used.