Verified Account definition

Verified Account means an account that I own at another financial institution located in the United States that is enrolled in the A2A service.
Verified Account means an Account status that reflects that PayPal has verified that an Account holder has legal control of one or more of his or her Payment Methods. A Verified Account status does not constitute an endorsement of a User or a guarantee of a User's business practices.
Verified Account means the status of a registered Client’s Account who has entered his/her data and confirmed it, after having completed the Verification in accordance with the Terms and Conditions.

Examples of Verified Account in a sentence

  • Any errors in the information, including incorrect or inconsistent account names and numbers or the ABA number or name of the financial institution holding your Verified Account are your responsibility.

  • Once the verification process is successful, each Third Party Account will become a Verified Account.

  • If you have a Verified Account, we may increase your sending limits.

  • You represent to the Credit Union that you own each Eligible Credit Union Account, Verified Account and have full right and authority to all the funds on deposit therein.

  • You agree that if A2A transfer instructions identify a Verified Account by name and account number, the relevant financial institution may execute those instructions by reference to the account number only, even if such number does not correspond to the name.


More Definitions of Verified Account

Verified Account means an Account status that reflects that PayPal has verified that an Account holder has legal control of one or more of his or her Payment Methods. AVerified Account status does not constitute an endorsement of a User or a guarantee of a User's business practices.
Verified Account means an Account where we have successfully verified your personal details and approved your application. “Wallet” means a balance denominated in a specific currency held in your Account. A wallet can be held for each supported currency on one Card.
Verified Account means a User Account status that reflects that Liquid has verified or carried out such due diligence checks as may be required to confirm that a User has legal control over one or more of his or her payment methods and satisfies relevant due diligence requirements. A Verified Account status does not constitute an endorsement of a User.
Verified Account an account that you own at another financial institution that is enrolled in the third-party service provider acting as agent for FNCU A2A Service.
Verified Account means an account that you own at a third-party financial institution located in the United States that is enrolled in A2A. Funds are typically credited to your account within three (3) Business Days provided that ACH posting time are met at outside financial institutions. The Business Day on which a request for a transfer is made begins at 9:30 AM Central Time.
Verified Account means an Account that you own at another financial institution located in the United States that is enrolled in the Money Mover service.
Verified Account means an account that I own at another financial institution located in the United States that is enrolled in the External Transfer service. "You" and "your" refer to United Bank. with such procedures. I further acknowledge that the acceptance and processing of an External Transfer request is subject to the terms and conditions stated in this Agreement, as amended from time to time. This authorization shall remain in full force and effect until I have informed you by telephone at (616) 000- 0000 or (000) 000-0000 that I have revoked my authorization and you have a reasonable opportunity to act on it.  Micro Deposits: One or more low value transactions will be posted to the Third Party Account, and I will be required to verify the transaction amounts.  Real Time Validation: Customer enters their online banking credentials for the external institution. Verification is completed immediately with successful credentials. External Transfer is received by United Bank on a day that is not a Business Day or on a Business Day after the established cut-off hour, you will not process my request until the next Business Day.