Eligible Transaction Account definition

Eligible Transaction Account is a transaction account from which your transfers will be debited, your Account to Account Transfer Service fees, if any, will be automatically debited, or to which transfers and credits to you will be credited, that is eligible for the Account to Account Transfer Service. An Eligible Transaction Account shall be limited to a checking, money market or savings account that you hold with us.
Eligible Transaction Account is as defined in Section 36 of the General Terms, except that it shall be limited to a checking, money market or savings account that you hold with us.
Eligible Transaction Account is a transaction account (checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information) from which your payments as a Sender will be debited, any Popmoney Service fees will be automatically debited, or to which payments and credits to you will be credited. “Payment Instruction” is the information provided by the Sender to the Popmoney Service for a payment to be made to a Receiver (such as, but not limited to, name, mobile telephone number, email address, and bank account and routing number information).

Examples of Eligible Transaction Account in a sentence

  • In addition, and in accordance with our Privacy Policy, you agree that we reserve the right to obtain personal information about you, including without limitation, financial information and transaction history regarding your Eligible Transaction Account.

  • Depending on the method of payment, your Eligible Transaction Account may be debited prior to the Scheduled Payment Date.

  • Our ability to stop a Payment Instruction or recover funds associated with an unauthorized Payment Instruction will depend on the manner in which the Payment Instruction was initiated, and whether the Payment Instruction to the Receiver’s Eligible Transaction Account has begun processing.

  • Sender may cancel the initiation of a Payment Instruction or stop a Payment Instruction at any time until the processing of the Payment Instruction into the Receiver’s Eligible Transaction Account has begun.

  • In certain circumstances, our Service Provider may either advance funds drawn on their corporate account or via an electronic debit, and in such circumstances will attempt to debit the Eligible Transaction Account a second time to complete the Payment Instruction.


More Definitions of Eligible Transaction Account

Eligible Transaction Account means Your AAFCU checking account
Eligible Transaction Account is a consumer checking account that is eligible for the Services from which a User’s payments will be debited or to which payments and credits to a User will be credited; “your” Eligible Transaction Account means the Eligible Transaction Account that you enrolled for the Services.
Eligible Transaction Account is as defined in Section 2.a. above (Key Definitions), except that it shall be limited to an account that you hold with us, and from which bill payments will be debited.
Eligible Transaction Account is a transaction account “Account”. Depending on the Service, an Eligible Transaction Account may include a checking, money market, or other direct deposit account, credit card account, or debit card account, including any required routing information.
Eligible Transaction Account means a transaction account from which your payments will be debited, your Service fees, if any, will be automatically debited, or to which payments and credits to you will be credited, that is eligible for the Service. Depending on the Service, an Eligible Transaction Account may include a checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information.
Eligible Transaction Account is a transaction account from which your payments will be debited, your Zelle® and Other Payment Services fees will be automatically debited, or to which payments and credits to you will be credited. An Eligible Transaction Account may include a checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information.
Eligible Transaction Account means any ANZ Access Advantage account, ANZ One account, ANZ Equity Manager account or any other account which ANZ, in its discretion, determines to be an Eligible Transaction Account.