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.
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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;
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Autodeposit means an Interac e-Transfer that is automatically deposited to the designated account of a Recipient without answering a Security Question.
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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;
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Related to Autodeposit

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.