Crediting Account definition

Crediting Account means each and any corporate account you maintain with us which is linked to and used for the receipt and/or withdrawal of funds in connection with the DBS MAX Service.
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Crediting Account refers to Customer’s account opened and maintained with the Bank to be used as account awaiting credit of money received from billers. “Customer” refers to the holder of an Account.
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Crediting Account means each and any corporate account you maintain with us which is linked as we deem eligible for receiving funds from the DBS MAX Wallet of a specific Outlet via the DBS MAX Service.
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Examples of Crediting Account in a sentence

  • DBS MAX Client Integration Service, from your Crediting Account using such methods we may prescribe from time to time and such Crediting Account has sufficient funds, provided that the aggregate of such refund(s) shall not exceed the full amount of that transaction, and once a refund on that transaction is made, it cannot be reversed.

  • Once an Outlet has been de-registered in the MAX Assist Portal, we will credit any remaining funds in your DBS MAX to the relevant Crediting Account; and you will not be able to receive payments from payors for that Outlet.

  • We may, but shall not be obliged to, allow you to link another Crediting Account, which in our opinion is in good standing, for the purposes of the DBS MAX Service.5.13 De-registration of an Outlet or API Outlet.

  • In respect of the DBS MAX Client Integration Service, from your Crediting Account using such methods we may prescribe from time to time if your Crediting Account has sufficient funds.

  • For more information about the Crediting Account see Section 4 of this SPD.Example: Joe Boilermaker’s agreement requires his Employer to pay Contributions to the Annuity Trust.

  • Joe’s Individual Account is credited with the amount left after the Crediting Account receives its share.

  • If the Crediting Account does not contain enough assets to fully credit all Individual Accounts, the available assets will be divided proportionally among the Individual Accounts, and the remaining unfunded Allocation Amounts will be credited as assets become available in the Crediting Account.

  • The Crediting Account receives $0.02 per hour of that amount, or $2.40 (120 hours x $0.02 = $2.40).

  • If your Employer has not paid the appropriate Contributions on your behalf by September of the year following the year that you performed work giving you the right to benefits under this Plan, the Annuity Trust Office will credit your Individual Account at that time by transferring assets equal to your required Allocation Amount from the Crediting Account to your Individual Account.

  • In September of 2020, if Joe’s Employer has still not paid the amount owed and Joe has provided evidence of his employment, the Annuity Trust Office will transfer the required amount from the Crediting Account to Joe’s Individual Account.


More Definitions of Crediting Account

Crediting Account means the account established by Gatherer for each Shipper as of the date of this Agreement to track, record, and account for certain amounts under this
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Related to Crediting Account

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

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

  • Crediting Date means the date designated in the Adoption Agreement for crediting the amount of any Participant Deferral Credits or Employer Credits to the Deferred Compensation Account of a Participant.

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

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Holding Account means an account:

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Investment Account As defined in Section 3.12(a).

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

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 in the name of the Trustee for the benefit of the Certificateholders and designated "U.S. Bank National Association, in trust for registered holders of CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Regular account means the account established for each active and inactive member un-

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Excess Funding Account shall have the meaning specified in Section 4.02.