Banking Transaction definition

Banking Transaction. (hereinafter ‘transaction’) means the formation, alteration or termination of relationships established under the law of obligations between a bank or a foreign bank branch and its client, and any operation related to the banking business, including the handling of deposits;
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Banking Transaction means any withdrawal, transfer and/or any other banking transaction (other than cash advance) involving any of the designated accounts of the Cardmember effected with the use of the PIN with or without the Card, at ATMs, CSH or otherwise;
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Banking Transaction. (hereinafter ‘transaction’) means the formation, alteration or termination of relationships established under the law of obligations between a bank or a
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Examples of Banking Transaction in a sentence

  • Your use of the software service provided by the PISP shall be subject to the terms and conditions set out in Annex 1 below The charge for an Open Banking Transaction shall be as indicated on the Statement of Work.

  • The blocked amount at the authorization moment of the Banking Transaction made by Card in foreign acceptance network takes maximum 30 (thirty) days for settlement.

  • The Card Holder shall be, and remain, fully liable to pay to us any debit to the Card arising from any Banking Transaction by any person whether with or without the Card Holder’s knowledge and irrespective of whether they were authorized by the Card Holder or not.

  • Note that the Banking Transaction Agreement in effect between Borrower and Lender (as amended; “Banking Transaction Agreement” hereinafter) applies to the Loan.

  • With respect to any Digital Banking Transaction which you contend is unauthorized, you agree to: • Cooperate fully with us in our investigation of the unauthorized transaction.

  • The Account Holder shall be, and remain, fully liable to pay to us any debit to the Account arising from any Banking Transaction by any person whether with or without the Account Holder’s knowledge and irrespective of whether they were authorized by the Account Holder or not.

  • The Account Holder who is blind/illiterate shall process Banking Transaction or Services before the concerned officers by using fingerprints and stamp (if any).

  • We reserve the right to refuse to make any Mobile Banking Transaction you request.

  • With respect to underwriter warrants and other equity securities issued to Ladenburg in connection with any such Investment Banking Transaction, Employee’s share shall be transferred to Employee only if permitted by, and in compliance with, the rules of the NASD.

  • Retail Online Banking Transaction Limits: • Daily External Transfers---$2,500 • Weekly External Transfers---$3,500 • Monthly External Transfers---$10,000 External transfers are processed business days at 1:00 p.m. EST.


More Definitions of Banking Transaction

Banking Transaction means a transaction effected through a Bank Account by the use of the Card and the PIN.
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Banking Transaction means any withdrawal, transfer and/or any other banking transaction (other than cash advance) involving any of the designated accounts of the Cardmember effected with the use of the PIN with or without the Card, at ATMs, CSH or otherwise; “CSH” means the “Hang Seng Credit Card 24-hour Customer Service Hotline; “CSH Services” means the banking, credit card and other account related services from time to time offered by Hang Seng on a 24-hour basis under CSH in accordance with Clause 21; “Card” means any of the World Mastercard Card, Visa Infinite Card, Platinum Mastercard Card, Visa Platinum Card, CUP Platinum Card and Renminbi Platinum Card from time to time issued by Hang Seng either as a principal card or as a supplementary card; or such specialised card as World Mastercard Card, Visa Infinite Card, Platinum Mastercard Card, Visa Platinum Card, CUP Platinum Card and Renminbi Platinum Card or (only in the case of a supplementary card) a Private Label Card from time to time issued by Hang Seng either as a principal card or as a supplementary card which carries the identity of an Affinity Group or any design as agreed between Hang Seng and the Affinity Group and is marketed to persons, including without limitation, all or any selected members or customers of such Affinity Group pursuant to the affinity card programme agreement or arrangement between such Affinity Group and Hang Seng; “Card Association” means each of Mastercard International Incorporated, Visa International Service Association and China UnionPay Company Limited and their respective successors and assigns; “Card Transaction” means any purchase of goods and/or services or any cash advance effected by the use of the Card or any transaction effected pursuant to the provision of the Services whether the same is authorised by the Cardmember or not (unless Clause 18(b) applies) and, where the context permits, includes e-shopping Card Transactions and Contactless Transactions; “Cardmember” means any person to whom the Card is issued by Hang Seng and includes any person to whom an e-shopping Card Account Number Hang Seng has assigned (for the avoidance of doubt, e-shopping Card Account Number may only be assigned to a Principal Cardmember) and, where the context permits or requires, includes a Principal Cardmember and a Supplementary Cardmember, and their respective personal representatives and lawful successors; “Credit Card Account” means the account opened and maintained by the Cardmember with Han...
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Banking Transaction means a transaction effected through a Bank Account by the use of the Card and the PIN. (h) “Card” means, a Credit Card, a Dual Currency Credit Card, an Internet Credit Card, an Affiliate Card, a Debit Card or any other card (howsoever described) including Visa Card, Mastercard and UnionPay Card, whether Principal Card or Supplementary Card, issued by the Bank alone or in conjunction with another institution, which Card may be a physical Card or may comprise of a Card Account only. (i) “Card Account” means the account opened and maintained by the Bank in connection with the use of the Card (including an account comprised in the Card). (j) “Card Transaction” means the supply of goods or services paid for
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Banking Transaction means a transaction effected through a Bank Account by the use of the Card and the PIN. (h) “Card” means, a Credit Card, a Dual Currency Credit Card, an Internet Credit Card, an Affiliate Card, a Debit Card or any other card (howsoever described) including Visa Card, Mastercard and UnionPay Card, whether Principal Card or Supplementary Card, issued by the Bank alone or in conjunction with another institution, which Card may be a physical Card or may comprise of a Card Account only. (i) “Card Account” means the account opened and maintained by the Bank in connection with the use of the Card (including an account comprised in the Card). (j) “Card Transaction” means the supply of goods or services paid for by the use of the Card. (k) “Cardholder” means both the Principal Cardholder and Supplementary Cardholder. (l) “Debit Card” means a Card that can be used to obtain cash or make payment at a point of sale by drawing on and debiting the Cardholder’s available balance in the Card Account. (m) “Dual Currency Credit Card” means a Credit Card with two Card
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Banking Transaction means any withdrawal, transfer and / or any other banking transaction (other than cash advance) involving any of the designated accounts of the Cardmember effected with the use of the PIN with or without the Card, at ATMs, CSH or otherwise;
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Related to Banking Transaction

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Issuer or any Restricted Subsidiary pursuant to which the Issuer or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Receivables Assets (which may include a backup or precautionary grant of security interest in such Receivables Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person that is not a Restricted Subsidiary; provided that any such Person that is a Subsidiary meets the qualifications in clauses (1) through (3) of the definition of “Receivables Subsidiary.”

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity, including any secured or unsecured financing, any securitization transaction, or any securities offering which either is registered or exempt from registration under federal and state securities law.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.