Autodeposit definition

Autodeposit means an Interac e-Transfer that is automatically deposited into a designated Account without the recipient being required to answer a security question.
View Source
Autodeposit means the service provided by Interac, which allows the Customer to register as a Recipient that does not need to respond to e-Transfer security questions;
View Source
Autodeposit means an Interac e-Transfer that is automatically deposited to the designated account of a Recipient without answering a Security Question.
View Source

Examples of Autodeposit in a sentence

  • The Autodeposit Service is only available if the financial institution of both the Sender and Recipient are Participating Financial Institutions.

  • In order to become an Autodeposit Recipient, you must complete the registration steps that are required on the "Autodeposit Registration" page of the INTERAC e-Transfer Service.

  • Upon satisfying the ninety (90) day probation period, bus drivers will be afforded the opportunity to apply for extra run beyond his/her normal daily bus run.

  • If the Recipient has registered for Autodeposit, the Sender is not required to use the security question and answer feature.

  • The Client may use this Interac e-Transfer Service to send and receive Interac e-Transfers, send and receive Request Moneys, and/or register for the Autodeposit Service.

  • This Service can be used by the Customer to send and receive e-Transfers, send and receive e-Transfer Request Moneys, and/or register for Autodeposit, in each case, in accordance with these terms and conditions.

  • Unless the Customer is a Responder, the Recipient has registered for Autodeposit, or the Recipient received the e-Transfer by Account Number Routing, the Customer can request that an e-Transfer be cancelled within thirty (30) calendar days from the date the e-Transfer is sent using this Service, provided the e-Transfer has not been declined or claimed by the Recipient.

  • You may register for Autodeposit by going to the Autodeposit registration page on Online Banking.

  • However, if the Recipient has requested the funds via Interac e-Transfer through the Request Money Service or registered a Designated Account for the Autodeposit Service (both of which are more fully explain below in Sections 9.8 and 9.9 respectively), the Recipient will not be required to answer an Interac e-Transfer Question and the funds will automatically be deposited into the Recipient’s Designated Account.

  • In order to become an Autodeposit Recipient, you must complete the registration steps that are required on the "Autodeposit Registration" page of the e-Transfer Service.


More Definitions of Autodeposit

Autodeposit means the service provided by Acxsys which allows you to register as a Recipient that does not need to respond to an e-Transfer Question and Answer;
View Source