ACH Payments definition

ACH Payments. An ACH payment, or automatic payment, is an electronic deposit to, or withdrawal from, your HMBradley Account that we receive or send through the ACH Network. Direct deposits of your payroll and your one-time or recurring payments are examples of ACH payments. Automated Teller Machine or ATM: A machine that allows you to make cash withdrawals from your HMBradley Account and view your available balance. Available balance: The amount of your previous day’s account balance, plus pending credit transactions, such as ACH direct deposits (but excluding pending debit card purchase returns) minus: (1) pending charges that we authiorized or are legally obligated to pay or have already paid, such as debit card purchases, electronic payments or other transactions, (2) the amount of deposits that are not yet available for withdrawal under our Funds Availability Policy, (3) balances in any Plans; and (4) the amount of any legal holds on your account balance. Business day: Any day except Saturdays, Sundays, federal holidays and any day the Bank is not open for business. Check: A written order to pay a specific amount of money drawn on, payable through, payable at or processed by a bank or other depository institution. If a check is sent or returned as an electronic image or as a substitute check, it still is a check. Debit card transaction: Any purchase or bill payment using a debit card or debit card code or token. A debit card transaction may be either a non-recurring, one-time purchase transaction (such as a purchase at a restaurant) or a recurring payment (such as a cellphone bill). Direct deposit: An automatic electronic deposit made through the ACH Network to your HMBradley Account by a third party (such as an employer issuing payroll or a government paying benefits). Electronic funds transfer (“EFT”): Any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument that is initiated through an electronic terminal, telephonic instrument, computer, electronic device (including tablets, mobile devices or cell phones), the Internet, EuroPay, MasterCard and VISA chip (emv chip), or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit your HMBradley Account. Endorsement: A signature, stamp, or other mark made on a check to transfer the check to another person (i.e., negotiation) or for deposit to the HMBradley Account. Hold on your account: The amount of money in your HM...
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ACH Payments means electronic payments made on the Loans pursuant to the Automatic Clearinghouse payment system.
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ACH Payments means payments of Monthly P&I received from Mortgagors ------------ subscribing to the automatic debit option offered by the Servicer.
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Examples of ACH Payments in a sentence

  • Authorizing the Debtors to Continue Using Debit, Wire, Credit Card, and ACH Payments Is Warranted.

  • ACH Payments: PCCD will make payments to grant recipients through ACH.

  • The Reserve Banks process cross-border ACH items that are sent to the Reserve Bank as a part of the FedGlobal® ACH Payments Service in accordance with this Appendix, agreements between a Reserve Bank gateway operator and a foreign gateway operator, and the FedGlobal ACH Service Origination Manual issued by the Reserve Banks as applicable to specified foreign countries, as amended from time to time.

  • The number of outstanding granted options increased by 139 shares in 2007, as a result of this adjustment to the exercise price of the warrant.The warrants vest immediately with restriction on exercise up to 2 years after the date of grant, and have an exercise period of 6 years from the date of grant.

  • ACH Payments require that you complete an ACH Request Form and fax it to Accounts Payable at 000-000-0000.

  • This is particularly a problem with Wires and ACH Payments, as well as bundled payments.

  • A Customer may request ACH Payments Reporter Service as set forth on the Enrollment Form, subject to the applicable Supplemental Documentation relating to the Service.

  • ACH Payments need exact company name or company ID and dollar amount to be valid.

  • ACH Payments – The City is moving toward ACH payments, awarded vendor will be supplied with our ACH authorization form should you wish to accept payments via this method.

  • In July 2011, the Board reported that about 410 financial institutions had enrolled in the FedGlobal ACH Payments Service, and that only about one-third of those initiated transfers in a typical month.


More Definitions of ACH Payments

ACH Payments. An ACH payment, or automaNc payment, is an electronic deposit to, or withdrawal from, your HMBradley Account that we receive or send through the “ACH” Network. Direct deposits of your payroll and your one-Nme or recurring payments are examples of ACH payments. Automated Teller Machine or ATM: A machine that allows you to make cash withdrawals from your HMBradley Account and see your available balance.
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ACH Payments. We receive data files every day from the Federal Reserve with Automated Clearing House (ACH) transactions. These include, for example, automatic bill payments you have authorized. ACH transactions for your account are posted throughout the day in order of receipt. ◦ PIN-Based Debit Card Purchase Transactions: These are purchase transactions using your debit card for which a merchant may require you to enter your personal identification number (PIN) at the time of sale. They are processed through a PIN debit network. These transactions are similar to ATM withdrawal transactions because the money is usually deducted from your account immediately at the time of the transaction. However, depending on the merchant, a PIN-based transaction may not be immediately presented for payment. ◦ Signature-Based Debit Card Purchase Transactions: These are purchase transactions using your debit card that are processed through a signature-based network. Rather than entering a PIN, you typically sign for the purchase; however, merchants may not require your signature for certain transactions. Merchants may seek authorization for these types of transactions. The authorization request places a hold on funds in your account when the authorization is completed. The “authorization hold” will reduce your available balance by the amount authorized but will not affect your actual balance. The transaction is subsequently processed by the merchant and submitted to us for payment. This can happen hours or sometimes days after the transaction, depending on the merchant and its payment processor. These payment requests are received in real time throughout the day and are posted to your account when they are received. The amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when you present your card for payment. For example, if you use your debit card at a restaurant, a hold will be placed in an amount equal to the bill presented to you; but when the transaction posts, it will include any tip that you may have added to the bill. This may also be the case where you present your debit card for payment at gas stations, hotels and certain other retail establishments. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment.
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ACH Payments. Bank: Bank of America NT&SA 0000 Xxxxxxx Xxxx. Concord, CA 94520-3282 Routing Number: [***]Account Number: [***]Account Name: Digital Loudoun Parkway Center North, LLCReference: Tenant Account No./Invoice No. Wire Transfer: Bank: Bank of America NT&SA 000 Xxxx 00xx Xx. Xxx Xxxx, XX 00000 Routing Number: [***]SWIFT: [***]Account Number:[***]Account Name: Digital Loudoun Parkway Center North, LLCReference: Tenant Account No./Invoice No. Check Payments: Regular Mailing Address: Digital Loudoun Parkway Center North, LLCP.O. Box 418833Boston, MA 02241-8833 Overnight Mailing Address: Bank of America Lockbox ServicesDigital Loudoun Parkway Center North, LLC 418833MA5-527-02-000 Xxxxxxxxx Xxxx.Dorchester, MA 02125 Contact Information: Director of Cash ManagementDigital Realty TrustFour Embarcadero Center, Suite 0000Xxx Xxxxxxxxx, XX 00000X: (415) 738-6500F: (415) 848-9363Email: Xxxxxxxx@xxxxxxxxxxxxx.xxx
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ACH Payments. An ACH payment, or automatic payment, is an electronic deposit to, or withdrawal from, your HMBradley Account that we receive or send through the “ACH” Network. Direct deposits of your payroll and your one-time or recurring payments are examples of ACH payments. Automated Teller Machine or ATM: A machine that allows you to make cash withdrawals from your HMBradley Account and see your available balance.
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Related to ACH Payments

  • Payments has the meaning set forth in Section 8.11.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • Aggregate Payments as defined in Section 7.2.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.

  • Cash Receipts means all cash receipts of the Company from whatever source derived, including without limitation capital contributions made by the Member(s); the proceeds of any sale, exchange, condemnation or other disposition of all or any part of the assets of the Company; the proceeds of any loan to the Company; the proceeds of any mortgage or refinancing of any mortgage on all or any part of the assets of the Company; the proceeds of any insurance policy for fire or other casualty damage payable to the Company; and the proceeds from the liquidation of assets of the Company following termination.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Earnout Payments has the meaning specified in Section 2.7.

  • Tax Fees means the aggregate fees billed in each of the last two fiscal years for professional services rendered by the Company’s external auditor for tax compliance, tax advice and tax planning.

  • Reimbursement Amounts As defined in Section 3.22.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Tuition Fees means a sum specified in the Offer Letter, payable by the Student to cover tuition, access to College facilities, enrolment procedures and orientation meetings, use of Information Technology facilities, exam sitting and a Kaplan award on successful completion of the Programme; and

  • Annuity Payments The series of payments made to the Owner or any named payee after the Annuity Date under the Annuity Option selected. ANNUITY PERIOD: The period of time beginning with the Annuity Date during which Annuity Payments are made.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Contract Adjustment Payments means the payments payable by the Company on the Payment Dates in respect of each Purchase Contract, at a rate per year of [ ]% of the Stated Amount per Purchase Contract.

  • Withheld Amounts shall have the meaning assigned to such term in Section 3.

  • Debit Payment means a particular transaction where a debit is made.