Business Accounts. CFCU offers business accounts to its members. We require the governing body of the legal entity opening the account to give us a Business Resolution designating CFCU as Depository and provide us with the list of Officers authorized to sign for the company as a separate authorization telling us who is authorized to act on its behalf. We will honor the authorization until we actually receive written notice of a change from the governing body of the legal entity. To establish a business account you will be required to provide us with the legal documentation such as Articles of Incorporation, Business Certificate, previous tax returns, etc. If your business is not incorporated in the state of Michigan, you will be required to file and register your business with the Michigan Department of Labor and Economic Growth in order to conduct business in this state. Failure to provide us with current unexpired business documents may interrupt your account services. Regulation GG/Internet Gambling Notification: Pursuant to the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG, “restricted transactions” such as those in which a person accepts credit, funds, instruments or other proceeds from another person in connection with unlawful Internet gambling are prohibited from being processed through your account or relationship with Christian Financial Credit Union. Association/Organizational or Sole Proprietorship Accounts: If Your Account is an association, organizational, sole proprietorship or DBA account, you will be required to supply CFCU with a separate Resolution designating CFCU as Depository and providing us with a list of Officers authorized to sign for the Association, Organization, Fraternal Organization or other entity document informing us of the authorized signers for the Account and provide any other related documents if requested. We require that the individual opening the Account be a CFCU member with a personal account and that all owners or organizational members be individually eligible for membership. Accounts with Expiration Dates: DBA’s, Estate, Conservatorship, or other similar type of account that specifies an expiration date may be opened with proper identification and documentation. When requested, you agree to provide any documentation that is required for the type of account you maintain at CFCU that has expired. Failure to respond to such requests may result in an interruption of your account services.
Business Accounts means any and all accounts or registries that Seller owns, maintains or controls with third party vendors, software providers, service providers and other similar third parties that is related to the businesses of Seller.
Business Accounts means the unaudited pro forma profit and loss account and balance sheet of the Business as at and for the year ended on the Balance Sheet Date;
Examples of Business Accounts in a sentence
Business Accounts may be used only for business purposes and may not be used for personal purposes.
Commercial or Business Accounts: Accounts held in the name of a business entity, organization, or member for business or commercial purposes are subject to the terms of this agreement, unless a separate Business Account Agreement or similar document has been signed.
The Financial Institution does not offer Direct Services for Small Business Accounts other than in accordance with these terms and conditions.
This information is also set out in full in the Business Accounts and Facilities Terms and Conditions document.
References in these Special Terms and Conditions to the ‘General Terms and Conditions’ should be construed as references to the Bank’s General Terms and Conditions – Personal Accounts or the Bank’s General Terms and Conditions – Business Accounts as applicable to the Account which You hold.
More Definitions of Business Accounts
Business Accounts means the unaudited financial statements of the Business from July 2003 to the Business Accounts Date;
Business Accounts means bank accounts and/or any other type of account(s) opened and maintained with ICICI Bank by the business customer for business banking requirements, whether in Canadian or other currency and includes “Business Savings Account”, “Business Chequing Account” and “Business Term Deposit Account”.
Business Accounts. The PFM Service Fee for customers who use the PFM Service for their Business Accounts is $9.95 each month. You authorize us to deduct this PFM Service Fee each month from the eligible Business checking account or asset management account you designate as your Primary Account. If there are insufficient funds in your Primary Account, you authorize us to charge any other account of yours with us in order to pay such fees and charges. The PFM Service Fee is in addition to any regular transaction fees that may be in effect for your Business Account(s).
Business Accounts mean sole proprietorships, partnerships, limited liability companies, corporations, and other forms of business organization that are not "consumer" accounts and are not maintained primarily for personal, family, or household purposes. For Business Accounts using the Mobile Remote Deposit Capture Service, Prosperity is not responsible for any loss, injury or damage, whether direct, indirect, special, consequential, exemplary, economic or otherwise, caused by the Mobile Remote Deposit Capture service or the use of the Mobile Remote Deposit Capture service except as otherwise expressly provided for in this Agreement or by applicable law. By using the Mobile Remote Deposit Capture service to access your Business Accounts, you are responsible for any unauthorized use of the Mobile Remote Deposit Capture service and any loss or damages incurred due to the unauthorized access to your Business Accounts. If your deposit activity through the Mobile Remote Deposit Capture service exceeds your Deposit Limits, we reserve the right to disable your access to the. Mobile Remote Deposit Capture service and provide you with information on other business banking electronic deposit options that may be available to you. If any person authorized access through the Mobile Remote Deposit Capture service to conduct transactions on any Business Account is no longer authorized, it is your responsibility to notify us. Prosperity shall not be liable or responsible to you for any transactions conducted on a Business Account by any person whose authority to conduct transactions is no longer in effect until Prosperity is expressly notified.
Business Accounts refer collectively to both Business Deposit Accounts and Business Credit Accounts and to qualify as a Business Account, the account must be established primarily for business purposes and designated by you for access through the Service, including your designated Payment Account(s). "Payment Account(s)" means the checking account(s) from which you have asked us to make Online Bill Payments. "Deposit Account(s)" refers collectively to Personal Deposit Accounts and Business Deposit Accounts. “Credit Accounts” refers collectively to Personal Credit Accounts and Business Credit Accounts. "Billing Account" is the Checking Account that you designate for the deduction of service charges and other fees related to the Service. ”Accounts” when used alone refers generally to the various account types defined herein that you have with us. “Payments to Xxxxxx(s)” drawn on or debited against the Accounts are referred to as “Payments.” “Trust Account(s)” means the account(s) for which you are a fiduciary, that are maintained with the Commerce Trust Company, and that are enrolled in Wealth Manager. “Wealth Manager” means the Commerce Bank system that allows select Commerce Trust Company customers and their designated Interested Parties to access Trust Accounts electronically through the Commerce Trust Company’s website and also allows those customers to enter Online Banking to use the Service. “Wealth Manager Customer” means a customer who has enrolled in Wealth Manager through the Commerce Trust Company. In our sole discretion, we may refuse to include, or may exclude from continued use, an Account in the Service. The words "we", "us" and "our" refer to Commerce Bank, the bank which holds the Deposit Accounts accessed by the Service, and any agent, independent contractor or assignee Commerce Bank may, in its sole discretion, involve in the provision of the Service. “Commerce Trust Company” is a division of Commerce Bank. CheckFree Services Corporation ("CheckFree") is an independent contractor with whom Commerce Bank has contracted to implement portions of the Service. “Metevante” is an independent contractor with whom Commerce Bank has contracted to implement Wealth Manager. The words “Customer,” "you" and "your" refer to each person subscribing to the Service and each person who uses the Service with the permission of the subscriber. “Business Account Administrator” refers to the person who subscribes to the Service on behalf of the Business and who uses the Services w...
Business Accounts refer collectively to both Business Deposit Accounts and Business Credit Accounts and to qualify as a Business Account, the account must be established primarily for business purposes and designated by you for access through the Service, including your designated Payment Account(s). "Payment Account (s)" means the checking account(s) from which you have asked us to make Online Bill Payments. "Deposit Account(s)" refers collectively
Business Accounts means e-money accounts that are designed for businesses, organizations, and government entities.