Card Issuing Bank definition

Card Issuing Bank. A Bank with which the Cardholder has an account and a MADA Payment Card designated for use in connection with MADA-POS transactions. البنك الذي يصدر البطاقة: هو البنك الذي يحتفظ فيه حامل البطاقة بحساب وبطاقة مدفوعات تابعة للشبكة السعودية للمدفوعات (مدى) مخصص لإستخدامها لمعاملات خدمة نقاط البيع التابع للشبكة السعودية للمدفوعات. EMV: Acronym for Europay, MasterCard, and Visa, which enables issuing banks, merchants and consumers to use chip cards and PoS terminals with added security and functionality. : EMVوهو رمز مختصر لنظام المدفوعات الأوروبي EuroPay و ماستر كارد و فيزا، والتي من خلالها يمكن للبنوك المصدِرة لمثل هذه البطاقات والتجار والمستهلكين من التعامل مع ذات شريحة وأجهزة مزودة بوظائف ومواصفات حماية إضافية.
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Card Issuing Bank the bank or other financial institution that issued the card to the cardholder; (h) "Authorization": coded approval number provided by Card Issuing Bank confirming that transaction amount is within Cardholder's spending limit and Card has not been report lost or stolen, and thereby authorizing Merchant to honor Card; (i) "Terminal": an electronic device utilized to obtain Authorizations and facilitate the capture, reconciliation and transmission of Card data; (j) "Merchant Account(s)": the deposit account(s) of Merchant designated for use by Bank in conjunction with Merchant Services including any Reserve Account as defined below; (k) "Visa" and "MC": Visa U.S.A. and MasterCard International; (l) "ACH": the Federal Reserve Bank's Automated Clearing House network.
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Examples of Card Issuing Bank in a sentence

  • If a transaction is not approved by the Card Issuing Bank, or is dismissed by The Merchant for any reason whatsoever, The Merchant may agree to an alternative means of payment with the Cardholder of said rejection.

  • Consequently, in order to process this international payment, your Card Issuing Bank could pass on certain fees or surcharges derived from the international nature of the transaction, conversion of foreign currencies or any another reason.

  • We reserve the right to verify the provided information with your Credit Card Issuing Bank.

  • Reports are available from the Card Issuing Bank to provide the data.

  • CyberSource shall have the right, at any time and without notice, to charge back to Merchant, and deduct, divert, withdraw or set-off from payments due Merchant from Card transactions, or from the Settlement Account, the Reserve Account, any other account or amounts due Merchant the full amount of any Card transactions designated by Bank or a Card Association or Card Issuing Bank or which fails to meet the requirements of this Agreement.

  • This fee is deducted if the Cardholder or Card Issuing Bank initiates a dispute.

  • Card Issuing Bank means the bank or other financial institution that issues a credit or debit card.

  • If Cardholder is someone other than Proposed Life Insured or Certificate Owner, please state the relationship to the Certificate Owner / Jika Pemegang Kad adalah lain daripada Pencadang Hayat atau Pemunya Sijil, sila nyatakan hubungan dengan Pemunya Sijil:...............................................Credit/Debit Card No. / No. Kad Kredit/Debit:VISAMASTER Card Expiry Date / Tarikh Tamat Kad: Card Issuing Bank / Bank Pengeluar Kad: .....................................................................

  • This project aims to train within a four-year period up to six hundred paravets, who would provide the technical skills and services many of the member PICTs have been lacking to date.

  • Name of Card Issuing Bank / Nama Bank Pengeluar KadCard No. / No. Kad- - -Member Since / Ahli Sejak Expiry Date / Tarikh Luput Transfer Amount / Amaun yang dipindahkan/ RM .

Related to Card Issuing Bank

  • LC Issuing Bank means each Lender identified as an “LC Issuing Bank” on Schedule II and any other Lender or Affiliate of a Lender that shall agree to issue a Letter of Credit pursuant to Section 2.04.

  • Issuing Lenders means all such Persons, collectively.

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • Issuing Banks shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • Issuing Lender means, with respect to any Letter of Credit, the Lender which agrees or is otherwise obligated to issue such Letter of Credit, determined as provided in subsection 3.1B(ii).

  • Issuing Lender Fees shall have the meaning set forth in Section 2.5(c).

  • Letter of Credit Issuer means such successor or such new issuer of Letters of Credit effective upon such appointment. At the time such resignation or replacement shall become effective, the Borrower shall pay to the resigning or replaced Letter of Credit Issuer all accrued and unpaid fees pursuant to Sections 4.1(c) and 4.1(d). The acceptance of any appointment as a Letter of Credit Issuer hereunder whether as a successor issuer or new issuer of Letters of Credit in accordance with this Agreement, shall be evidenced by an agreement entered into by such new or successor issuer of Letters of Credit, in a form satisfactory to the Borrower and the Administrative Agent and, from and after the effective date of such agreement, such new or successor issuer of Letters of Credit shall become a “Letter of Credit Issuer” hereunder. After the resignation or replacement of a Letter of Credit Issuer hereunder, the resigning or replaced Letter of Credit Issuer shall remain a party hereto and shall continue to have all the rights and obligations of a Letter of Credit Issuer under this Agreement and the other Credit Documents with respect to Letters of Credit issued by it prior to such resignation or replacement, but shall not be required to issue additional Letters of Credit. In connection with any resignation or replacement pursuant to this clause (a) (but, in case of any such resignation, only to the extent that a successor issuer of Letters of Credit shall have been appointed), either (i) the Borrower, the resigning or replaced Letter of Credit Issuer and the successor issuer of Letters of Credit shall arrange to have any outstanding Letters of Credit issued by the resigning or replaced Letter of Credit Issuer replaced with Letters of Credit issued by the successor issuer of Letters of Credit or (ii) the Borrower shall cause the successor issuer of Letters of Credit, if such successor issuer is reasonably satisfactory to the replaced or resigning Letter of Credit Issuer, to issue “back-stop” Letters of Credit naming the resigning or replaced Letter of Credit Issuer as beneficiary for each outstanding Letter of Credit issued by the resigning or replaced Letter of Credit Issuer, which new Letters of Credit shall be denominated in the same currency as, and shall have a face amount equal to, the Letters of Credit being back-stopped and the sole requirement for drawing on such new Letters of Credit shall be a drawing on the corresponding back-stopped Letters of Credit. After any resigning or replaced Letter of Credit Issuer’s resignation or replacement as Letter of Credit Issuer, the provisions of this Agreement relating to a Letter of Credit Issuer shall inure to its benefit as to any actions taken or omitted to be taken by it (A) while it was a Letter of Credit Issuer under this Agreement or (B) at any time with respect to Letters of Credit issued by such Letter of Credit Issuer.

  • LC Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Fronting Bank means each Lender identified as a “Fronting Bank” on Schedule II and any other Lender (in each case, acting directly or through an Affiliate) that delivers an instrument in form and substance satisfactory to the Borrowers and the Administrative Agent whereby such other Lender (or its Affiliate) agrees to act as “Fronting Bank” hereunder and that specifies the maximum aggregate Stated Amount of Letters of Credit that such other Lender (or its Affiliates) will agree to issue hereunder.

  • Issuing Bank Fees shall have the meaning assigned to such term in Section 2.12(b).

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

  • Issuing Bank Agreement has the meaning assigned to such term in Section 2.05(i).

  • LC means Letter of Credit

  • Revolving Administrative Agent means the “Administrative Agent” as defined in the Revolving Credit Facility.

  • Bank Credit Agreement means the Revolving Credit and Term Loan Agreement, dated as of January 26, 2015, by and among the Company and certain of its Subsidiaries, Bank of America, N.A., as administrative agent, and the other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Letter of Credit Guaranty means one or more guaranties by the Administrative Agent in favor of the L/C Issuer guaranteeing or relating to the obligations of the Borrower to the L/C Issuer under a reimbursement agreement, Letter of Credit Application or other like document in respect of any Letter of Credit.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Administrative Agent maintained at the office of the Administrative Agent at 200 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Delphi Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Letter of Credit Accommodations means the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Lender for the account of Borrower or any Obligor or (b) with respect to which Lender has agreed to indemnify the issuer or guaranteed to the issuer the performance by Borrower of its obligations to such issuer.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but on behalf of the Lenders hereunder.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.