BEFTN Service definition

BEFTN Service means Bank’s service to initiate debit Entries for collection of payments by electronic fund transfers from Cardholder’s (Receiver) Bank Account held with other Bank i.e. Receiving Bank (RB) by means of the BEFTN.
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BEFTN Service means the service for entries for payments by electronic fund transfer to or from my/our accounts by the Bank by means of BEFTN.
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BEFTN Service means Bank’s service for Entries for payments by electronic fund transfers to or from Your Accounts by means of the BEFTN. “Channel” as defined in the Standard Terms includes the BEFTN
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Examples of BEFTN Service in a sentence

  • This BEFTN Terms and Conditions (the ‘Terms’) sets out the terms on which Bank will provide the Cardholder with BEFTN Service.

  • The BEFTN Terms and Conditions (the ‘Terms’), sets out the terms on which we will provide the Customer with BEFTN Service.

  • If justice so requires, reimburse any insurer, surety or other person who has compensated a victim for a loss otherwise compensable under this section.

  • The Terms & Conditions for SI through BEFTN constitute the BEFTN Agreement between Customer (hereinafter referred as the Accountholder/Cardholder/Customer) and the Bank as the Originating Bank (OB) for BEFTN Service.

  • This Service Supplement constitutes the BEFTN Originator Agreement between You as the Originator and UCBL as the Originating Bank (OB) for BEFTN Service.

  • This Service Supplement sets out the terms on which United Commercial Bank Ltd (“UCBL” or “the Bank”) will provide the account holders (the “customer” or “You”) with BEFTN Service.

  • The Terms and Conditions for setting Standing Instruction (SI) for credit card payment from another bank using BEFTN (the ‘ Terms & Conditions for SI through BEFTN’), set out the terms on which EBL will provide the Customer with BEFTN Service for the purpose of debiting the customer’s other bank account in order to make payments against the customer‘s credit card outstanding (if any) on a monthly basis.

Related to BEFTN Service

  • 911 Service means a universal telephone number which gives the public direct access to the Public Safety Answering Point (“PSAP”). Basic 911 service collects 911 calls from one or more local exchange switches that serve a geographic area. The calls are then sent to the correct authority designated to receive such calls.

  • In-service means an educational program, which is designed to increase the knowledge, skills, and overall effectiveness of personnel.

  • Generation Service means the sale of electricity, including ancillary services such as the provision of reserves, to a Customer by a Competitive Supplier.

  • CMU Service means the Central Moneymarkets Unit Service, operated by the Hong Kong Monetary Authority;

  • Electric generation service means the provision of retail

  • energy service means the physical benefit, utility or good derived from a combination of energy with energy-efficient technology or with action, which may include the operations, maintenance and control necessary to deliver the service, which is delivered on the basis of a contract and in normal circumstances has proven to result in verifiable and measurable or estimable energy efficiency improvement or primary energy savings;

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider. Interconnection Service Agreement:

  • Police Service ’ means the South African Police Service established in terms of section 5(1) of the South African Police Service Act;

  • Basic generation service or "BGS" means electric generation

  • Network Transmission Service means transmission service provided pursuant to the rates, terms and conditions set forth in Tariff, Part III, or transmission service comparable to such service that is provided to a Load Serving Entity that is also a Transmission Owner.

  • Transmission Service means Point-To-Point Transmission Service provided under Tariff, Part II on a firm and non-firm basis.

  • Fire Service means any deployment of firefighting personnel and/or equipment to extinguish a fire or perform any preventative measure in an effort to protect equipment, life, or property in an area threatened by fire. It also includes the deployment of firefighting personnel and/or equipment to provide fire suppression, rescue, extrication, and any other services related to fire and rescue as may occasionally occur.

  • Education service provider means an education management organization, school

  • In-Service Date means the date on which the Facility and System Modifications (if applicable) are complete and ready for service, even if the Facility is not placed in service on or by that date.

  • Basic generation service provider or "provider" means a

  • Transmission Service Provider means the entity that administers the transmission tariff and provides transmission service to transmission customers under applicable transmission service agreements.

  • Commercial Service means service to Customers engaged primarily in the sale of goods or services including institutions and local, sate and federal government agencies for uses other than those involving manufacturing or electric power generation.

  • input service means any service used or intended to be used by a supplier in the course or furtherance of business;

  • air service means a flight or a series of flights carrying passengers, cargo and/or mail for remuneration and/or hire;

  • Actual service means the total straight-time pay hours accumulated in a title. The first 240 hours per year of authorized unpaid time off for non- disciplinary reasons shall not be deducted from actual service.

  • Electric related service means a service that is directly related

  • broadcasting service means a radiocommunication service in which the transmissions are intended for direct reception by the general public. This service may include sound transmissions, television transmissions or other types of transmission.

  • Testing service means a national testing service selected by the board.

  • School service means a website, mobile application or online service that (i) is designed and marketed solely for use in elementary or secondary schools; (ii) is used (a) at the direction of teachers or other employees at elementary or secondary schools or (b) by any school-affiliated entity; and (iii) collects and maintains, uses or shares student personal information. "School service" does not include a website, mobile application or online service that is (a) used for the purposes of college and career readiness assessment or (b) designed and marketed for use by individuals or entities generally, even if it is also marketed for use in elementary or secondary schools.

  • Support Service means an activity, such as information technology, accounting, human resources, legal, and other support functions that are required to support the ongoing delivery of core services.

  • energy service provider means a natural or legal person who delivers energy services or other energy efficiency improvement measures in a final customer’s facility or premises;