Ineligible Transaction Account Types Sample Clauses

Ineligible Transaction Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Certain custodial and/or Trust Accounts ▪ Certain business accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan accounts (including credit card and equity accounts) Regardless, if we make an account available for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this External Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account or to your account at the other bank, credit union or other institution. Eligibility is determined by the records of the Bank, our Service Providers and the External financial institution or brokerage company. The Bank and our Service Providers are under no obligation to honor an External Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us or the External financial institution or brokerage company directly to verify if your account(s) is eligible for ACH external transfers to or from another financial institution.
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Ineligible Transaction Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Accounts that are not held in an individual or joint (without restrictions) ownership capacity, for example custodial and/or Trust Accounts ▪ Business Accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan accounts (including credit card and equity accounts) You may have other accounts that are ineligible for this Mobile Deposit Service due to restrictions specific to your East West Bank account or your activity related to the Mobile Deposit Service. If in doubt, you should contact us.
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Ineligible Transaction Account Types.  Velo by East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank.  Individual Retirement Accounts (IRAs)  401 K Accounts  Custodial and/or Trust AccountsBusiness AccountsCertificate of Deposit (CD) accounts or other time-based accounts  Loan Accounts (including credit card and equity accounts) You may have other accounts that are ineligible for this Xxxx Payment Service due to restrictions specific to your Velo account or your activity related to the Xxxx Payment Service. If in doubt, you should contact us.
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Ineligible Transaction Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Accounts that are not held, in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪ Certain business accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Credit Card accounts ▪ Loan accounts (excluding HELOC) Regardless, if we make an account available for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Internal Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor an Internal Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.
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Ineligible Transaction Account Types.  Velo by East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank.  Individual Retirement Accounts (IRAs)  401 K Accounts  Custodial and/or Trust AccountsBusiness AccountsCertificate of Deposit (CD) accounts or other time-based accounts  Loan Accounts (including credit card and equity accounts) You may have other accounts that are ineligible for this External Transfer Service due to restrictions specific to your Velo account or to your account at the other bank, credit union or other institution. If in doubt, you should contact us or them directly to verify if your account(s) is eligible for ACH external transfers to or from another financial institution.
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Ineligible Transaction Account Types.  Velo by East West Bank or East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the BankIndividual Retirement Accounts (IRAs)  401 K Accounts  Accounts that are not held in an individual or joint (without restrictions) ownership capacity, for example custodial and/or Trust AccountsBusiness AccountsCertificate of Deposit (CD) accounts or other time-based accounts  Loan Accounts (including credit card and equity accounts) You may have other accounts that are ineligible for this Internal Transfer Service due to restrictions specific to your Velo or other East West Bank account. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.
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Ineligible Transaction Account Types.  East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the BankIndividual Retirement Accounts (IRAs)  401 K Accounts  Accounts that are not held, in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering.  Certain business accountsCertificate of Deposit (CD) accounts or other time-based accounts  Credit Card AccountsLoan Accounts (excluding HELOC) Regardless of if an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Internal Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor an Internal Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.
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Ineligible Transaction Account Types.  East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank.  Individual Retirement Accounts (IRAs)  401 K Accounts  Certain custodial and/or Trust Accounts  Certain business accountsCertificate of Deposit (CD) accounts or other time-based accounts  Loan Accounts (including credit card and equity accounts) Regardless of if an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this External Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account or to your account at the other bank, credit union or other institution. Eligibility is determined by the records of the Bank, our Service Providers and the External financial institution or brokerage company. The Bank and our Service Providers are under no obligation to honor an External Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us or the External financial institution or brokerage company directly to verify if your account(s) is eligible for ACH external transfers to or from another financial institution.
Sample 1Sample 2
Ineligible Transaction Account Types. ▪ East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Accounts that are not held in an individual or joint (without restrictions) ownership capacity, for example custodial and/or Trust Accounts ▪ Business Accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan Accounts (including credit card and equity accounts) You may have other accounts that are ineligible for this Internal Transfer Service due to restrictions specific to your East West Bank account. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.
Sample 1

Related to Ineligible Transaction Account Types

  • Settlement Account 4.1 The Scheduling Coordinator shall maintain at all times an account with a bank capable of Fed-Wire transfer to which credits or debits shall be made in accordance with the billing and Settlement provisions of Section 11 of the CAISO Tariff. Such account shall be the account as notified by the Scheduling Coordinator to the CAISO from time to time by giving at least 20 days written notice before the new account becomes operational, together with all information necessary for the CAISO's processing of a change in that account.

  • PJM E-Accounts Buyer and Seller shall work with PJM to establish any PJM E-Accounts necessary for Seller to provide Full Requirements Service. In a timely manner, Xxxxx shall establish PJM E-Account contract(s) for the entire duration of the Transaction(s) and Seller shall confirm the PJM E-Account contract(s) for the entire duration of the Transaction(s).

  • Interest Bearing Account If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

  • Are There Different Types of IRAs or Other Tax Deferred Accounts? Yes. Upon creation of a tax deferred account, you must designate whether the account will be a Traditional IRA, a Xxxx XXX, or a Xxxxxxxxx Education Savings Account (“CESA”). (In addition, there are Simplified Employee Pension Plan (“SEP”) IRAs and Savings Incentive Matched Plan for Employees of Small Employers (“SIMPLE”) IRAs, which are discussed in the Disclosure Statement for Traditional IRAs). • In a Traditional IRA, amounts contributed to the IRA may be tax deductible at the time of contribution. Distributions from the IRA will be taxed upon distribution except to the extent that the distribution represents a return of your own contributions for which you did not claim (or were not eligible to claim) a deduction. • In a Xxxx XXX, amounts contributed to your IRA are taxed at the time of contribution, but distributions from the IRA are not subject to tax if you have held the IRA for certain minimum periods of time (generally, until age 59½ but in some cases longer). • In a Xxxxxxxxx Education Savings Account, you contribute to an IRA maintained on behalf of a beneficiary and do not receive a current deduction. However, if amounts are used for certain educational purposes, neither you nor the beneficiary of the IRA are taxed upon distribution. Each type of account is a custodial account created for the exclusive benefit of the beneficiary – you (or your spouse) in the case of the Traditional IRA and Xxxx XXX, and a named beneficiary in the case of a Xxxxxxxxx Education Savings Account. U.S. Bank, National Association serves as Custodian of the account. Your, your spouse’s or your beneficiary’s (as applicable) interest in the account is nonforfeitable.

  • Custodial Account Funds in any custodial accounts established by the Servicer and maintained in respect of the REMIC may be invested and, if invested, shall be invested in Eligible Investments selected by the Servicer which shall mature not later than the Business Day immediately preceding the next Remittance Date, and any such Eligible Investment shall not be sold or disposed of prior to its maturity. All such Eligible Investments shall be made in the name of the REMIC or its nominee. All income and gain realized from any such investment shall be, as long as the Servicer is servicing the Mortgage Loans held by the REMIC, for the benefit of the Servicer as additional compensation and shall be subject to its withdrawal or order from time to time. The amount of any losses incurred in respect of any such investments shall be deposited in the relevant account by the Servicer out of its own funds immediately as realized. The foregoing requirements for deposit in such account are exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments of interest on funds in such account and, as long as the Servicer is servicing the Mortgage Loans held by the REMIC, payments in the nature of prepayment fees, late payment charges, assumption fees or any similar fees customarily associated with the servicing mortgage loans paid by any mortgagor need not be deposited by the Servicer in such account and may be retained by the Servicer as additional servicing compensation. If the Servicer deposits in such account any amount not required to be deposited therein, it may at any time withdraw such amount, any provision herein to the contrary notwithstanding.

  • CUSTODIAL ACCOUNTS It is agreed that all accounts opened under the Uniform Gift to Minors Act (UGMA), the Uniform Transfers to Minors Act (UTMA), or similar state statutes will be properly created and that all property so transferred will be done in compliance with such applicable statutes. There will be good faith reliance upon the instructions given, representations made and actions taken by a transferor or custodian. Further, the custodian represents and warrants that the assets in the account belong to the minor and that all such assets, whether or not transferred out of the UGMA or UTMA account, will only be used for the benefit of the minor.

  • Special Accounts 1. For the purposes of this Schedule:

  • New Accounts Contractor may ask State Agencies and other Authorized Users to provide information in order to facilitate the opening of a customer account, including documentation of eligibility to use New York State Contracts, agency code, name, address, and contact person. State Agencies shall not be required to provide credit references.

  • Payment Account (a) On or prior to the Closing Date, the Property Trustee shall establish the Payment Account. The Property Trustee and any agent of the Property Trustee shall have exclusive control and sole right of withdrawal with respect to the Payment Account for the purpose of making deposits in and withdrawals from the Payment Account in accordance with this Trust Agreement. All monies and other property deposited or held from time to time in the Payment Account shall be held by the Property Trustee in the Payment Account for the exclusive benefit of the Securityholders and for distribution as herein provided, including (and subject to) any priority of payments provided for herein.

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

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