Debit Card Funding definition

Debit Card Funding is a direct deposit of funds deposited into a demand deposit account, which is linked to a debit card. A debit card looks like a credit card but works like an electronic check.
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Debit Card Funding is a direct deposit of funds deposited into a demand deposit account, “Automated Clearing House (“ACH”) Funds Transfer Service” is a service that performs an electronic fund transfer between banks across the Automatic Clearing House (ACH) network.
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Examples of Debit Card Funding in a sentence

  • If we make the Debit Card Funding Service available via other methods, the service will be subject to the terms described in this Agreement.

  • In the event that Debit Card Funding is unavailable, you may initiate your initial account funding using one of our other transfer or deposit services.

  • The Debit Card Funding Service is offered through one or more Service Providers that we have engaged to render some or all of the Debit Card Funding Service to you on our behalf.

  • Additionally, at certain times, some or all of the Debit Card Funding Service may not be available due to system maintenance, technical difficulties (including those of the Internet service provider, cellular service provider and Internet software), or account eligibility.

  • If in doubt, you should contact us to verify if your account(s) is eligible for the Debit Card Funding Service.

  • Access to our Debit Card Funding Service is currently available via our Mobile Banking Service only.

  • You understand and agree that your use of the Debit Card Funding Service and all information and content (including that of third parties) is at your own risk and is provided on an “as is” and “as available” basis.

  • Your use of the Bank’s Debit Card Funding Service is governed by the terms and conditions of this Online Banking Agreement, and your enrollment in our Online Banking Service and use of our Debit Card Funding Service constitutes your agreement to these terms and conditions.

  • You make the following warranties and representations with respect to each Debit Card Funding request: ▪ That you are an authorized Cardholder on the debit card used for the Debit Card Funding Service, and have the authority to initiate the transaction.

  • You make the following warranties and representations with respect to each Debit Card Funding request:  That you are an authorized Cardholder on the debit card used for the Debit Card Funding Service, and have the authority to initiate the transaction.