Send Money Clause Samples
The 'Send Money' clause establishes the terms and procedures for transferring funds from one party to another under the agreement. It typically outlines the acceptable payment methods, timing of transfers, and any conditions that must be met before money is sent, such as invoice approval or delivery of goods. This clause ensures that both parties have a clear understanding of when and how payments will be made, reducing the risk of disputes and facilitating smooth financial transactions.
Send Money a. Definitions specific to Send Money
Send Money. The Send Money feature allows you to send money to anyone using your debit card. This feature is further governed by the separate First National Bank P2P Service (Send Money) agreement you must agree to in order to use the P2P (Send Money) service. Additional information about this feature is available in the separate P2P Service (Send Money) agreement as well.
Send Money. You can make money transfers via iCard, in the following ways, and as allowed by iCard:
4.1. You may send money via iCard to other Clients, who are registered for iCard. In order to send money via the Send Money functionality You must use the Payee´s correct email, registered for iCard, or Payee´s correct Mobile phone number, registered for iCard, and submit a correct payment order via the Send Money functionality. The limits for send money are availble in the tab Limits in iCard account. Clients who are registered for iCard, but are still with pending identification and verification may not be able to receive from you amounts that exceed the regulatory limits. In such case the transaction will not be performed by us.
Send Money. You can Send Money to third parties from your ACU saving or checking accounts by using your ACU Mobile Banking account processed through PayPal, a payment service provider. An email address or mobile phone number is required for the recipient. You as the sender are not required to have a PayPal account but your recipient must have or establish a PayPal account. Your recipient is notified right away of your money transfer; they then can transfer the money to another financial account, which can take up to 3 days. Your recipient has 30 days to claim the money. In the event your recipient does not claim the money within 30 days, the money is returned to your ACU account.
Send Money. Per transaction limit: $1,000.00 - Daily limit: $5,000.00 - Monthly limit: $15,000.00 - Limit of number of transactions per day: Five (5)
Send Money. You can make money transfers via the Service, in the following ways, and as allowed by the Service:
4.1 You may send money via the Service to other Clients, registered for the Service. In order to send money via the Service You must use the correct email, registered for the Service, of Payee (recipient), or correct Mobile phone number, registered for the Service, or Payee or correct account number of Payee and submit a correct payment order via the Service.
4.2 In case You sends money to a person, who is not registered for the Service, We shall debit your Account and shall notify the recipient via the Email or Mobile phone number provided by you on the transfer. Only after due registration for the Service and identification and verification of the recipient, we shall make available to the recipient the amounts transferred. In case the recipient does not register for the Service or is not dully identified and verified by us, within 30 days of sending of the above notice, or in case the recipient refuses to accept the e-money, we shall return the amount to your Account, less the applicable fee in the Tariff. You agree to not hold us liable for any damages resulting from a recipient's lack of due registration for or inability or ineligibility to use the Service or recipient’s decision not to accept a payment made through the Service.
Send Money. On the app: From Dashboard, press the send money button and a dialog will appear at the bottom of the screen with a field to enter phone number. Enter the number and the amount then press send, a confirmation will appear with the name of the user to receive the Money or it will say unregistered if user is not registered. Press okay and immediately the user will receive his/her money to their Tanda wallet. On the USSD (*712 ): The process is similar to the app, just dial *712 then go the send money menu enter the phone number and then the amount; enter your pin and then confirm the transaction subject to the transactional limits as approved by the Central Bank of Kenya.
Send Money. You can enroll online in our Send Money service to send money to other individuals. If you have enrolled in Send Money, please refer to the separate TERMS AND CONDITIONS OF THE SEND MONEY SERVICE.
Send Money. Send money online and make international business payments worldwide