User Bank Account definition

User Bank Account means a bank or other financial institution account you identify to Stripe.

User Bank Account means a bank account belonging to you.

User Bank Account means a bank account belonging to you as beneficial owner. “User Bank Transfer” means a transfer from a User Bank Account, performed by the

Examples of User Bank Account in a sentence

• You may use the Stripe Technology to redeem E-money Stripe holds for you for par value, and Stripe will settle funds to the User Bank Account according to the Payout Schedule.

• Stripe may offer you the ability to send to a third party funds owed to you as you instruct Stripe (including by sending all or part of the positive balance in your Stripe Account to that third-party recipient’s Stripe account or bank account), instead of settling funds to a User Bank Account.

• Prior to transferring settlement funds to the User Bank Account, Stripe may invest Safeguarded Funds as described in Section 5.2 of the General Terms.

• If Stripe is unable to collect those amounts by debiting a User Bank Account, then you immediately grant to Stripe a new, original authorisation to debit each User Bank Account without notice and according to the applicable User Bank Account Debit Authorisation.

• As the provider of Authorised Payment Services, Stripe PSP will be the only Stripe party liable to you for collecting payment proceeds from Transactions on your behalf, safeguarding those proceeds, and settling those proceeds to your User Bank Account or as you otherwise direct.

• Without limiting Section 4.2 of these General Terms, you authorise Stripe to debit each User Bank Account without separate notice, and according to the applicable User Bank Account Debit Authorisation, to collect amounts you owe under this Agreement.

• However, Stripe may impose an additional holding period before making the initial settlement to a User Bank Account.

• Once you opt in, Stripe may deduct the Stripe Climate Funds from your Stripe Account balance or User Bank Account on a per-Transaction basis, or as an amount aggregated over a period of time, as described in your Stripe Dashboard.

• Stripe will transfer settlement funds for Transactions, net of Fees, Disputes, Refunds, Reversals and other amounts owed to Stripe, from the applicable Pooled Account to the applicable User Bank Account within the time period stated in the Payout Schedule, unless a Payout Delay occurs and affects the transfer initiation, or Stripe exercises a right under this Agreement to withhold or delay the transfer.

• All redeemed funds will be returned to you by bank transfer to a User Bank Account.

More Definitions of User Bank Account

User Bank Account means a bank account belonging to you as beneficial owner.

User Bank Account in respect of a User means the Address designated by such