Branchless Banking Account definition

Branchless Banking Account or “BB Account” means an account maintained by a consumer in a Financial Institution in which credits and debits may be effected by virtue of Electronic Fund Transfers and which is used to conduct branchless banking activities as outlined in these regulations;
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Branchless Banking Account means an account of GoPb maintained with ....... for purposes of this Agreement, in which credits and debits may be effected by virtue of electronic fund transfers and which is used to conduct Branchless Banking activities in accordance with the Branchless Banking Regulations.
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Branchless Banking Account or “BB Account” means an account maintained by the Account Holder in Easypaisa in which credits and debits may be effected by virtue of Electronic Funds Transfer and which is used to conduct Branchless Banking activities as outlined in the BB Regulations;
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Examples of Branchless Banking Account in a sentence

  • Bank Alfalah Limited shall only act as a payment facilitator and shall in no way be held responsible for the provision of any goods or services from a Third Party Payee to whom payment is made through the Branchless Banking Account or by using the Services.

  • At the request of the Customer, Bank Alfalah Limited may issue a Debit Card (subject to charges as per Debit Card schedule of Bank Alfalah Limited) to the Customer, which Customer can use to access funds in his Branchless Banking Account by Automated Teller Machine (‘ATM’) whether in Pakistan or overseas, whether of Bank Alfalah Limited, or of any other Bank or third party owned or operated on a shared network or at any point of sale (‘POS’).

  • The Terms and Conditions applicable to the Debit Card as publicized by Bank Alfalah Limited on its website or any other method, as may be amended from time to time, shall apply to the Customers hereunder and form an integral part of these Terms and Conditions to the extent they relate to the use of Debit Card for accessing the Branchless Banking Account.

  • The Customer hereby authorizes Bank Alfalah Limited to debit any fee charged by Bank Alfalah Limited from his/her Branchless Banking Account along with the purchase amount.

  • Allied Bank shall have absolute discretion to close the Branchless Banking Account of the customer if there is no activity in the account for a particular period currently 12 months or if the banks feels from time to time that the customer is not maintaining any balance or has not processed any transaction since inception of the account.

  • The Customer shall take all necessary precautions to prevent unauthorized and illegal use of Branchless Banking Account and unauthorized access to the other Accounts, Debit Cards or any other bank relationship registered for MyABL Wallet App.

  • The customer can link his other ABL bank account(s) being held under individual/sole proprietorship category with his Branchless Banking Account.

  • Dispositional flow (DFS-2 mean scores) will be controlled for in this analysis.

  • Customer confirms that the Mobile number being used to open his Branchless Banking Account is biometrically verified from NADRA and registered in his own name.

  • Customer acknowledges that the Branchless Banking Account opened with Allied Bank is a Current account thus no interest/earning will be paid on the amount/balance maintained in the Account.


More Definitions of Branchless Banking Account

Branchless Banking Account means Assan bank account maintained with partner bank, in which funds are credited and/or debited by electronic fund transfers for purposes of Branchless Banking and in accordance with the Branchless Banking Regulations issued by the SBP.
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Branchless Banking Account means an account of PA maintained with
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Branchless Banking Account or “BB Account” means a Level 0, Level 1 or Level 2 (as the case may be) account maintained by the Account Holder in HBL in which credits and debits may be effected by virtue of Electronic Funds Transfer and which is used to conduct Branchless Banking activities as outlined in the BB Regulations;
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Related to Branchless Banking Account

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Covered Bond or, as the case may be, Coupon; and

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.

  • L/C Bank means the Acceptable Bank providing a letter of credit pursuant to Section 5.3 of the Facility Lease.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • New York City Banking Day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in New York City;

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Holding Account means an account:

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Mobile Banking means the banking services accessible from the Device you have registered with us for Mobile Banking.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Account Name means the name of the individual who lives with the child(ren) and who applies for the Children’s Health Insurance Program coverage on behalf of the child(ren).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).