Debited Account definition

Debited Account means the Customer's account which is opened at the Bank and designated to the Bank to debit money for opening a Deposit.
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Examples of Debited Account in a sentence

  • If we do not resume charging your Debited Account, we will notify you in writing that we have cancelled this Authorization.

  • At our option and discretion, we may resume charging the Debited Account without further instruction from you once all payments are current.

  • If your Debited Account balance is insufficient to cover the transfers you authorize, we may cancel this Authorization immediately without notice.

  • We will not use the availability of any credit line that you may have with us in determining whether your Debited Account has a sufficient balance.

  • If Customer’s Debited Account is a savings or a money market account, transfers to another account or to authorized third parties by pre-authorized, automatic or telephone transfers are restricted by regulation to six per calendar month or statement cycle.

  • You agree to keep enough money in your Debited Account to cover the transfers you request by this Authorization.

  • Loan Servicing achagr.sfx 07/15/2013 If your Debited Account does not have a sufficient balance on a day that a payment is to be made, we may stop further efforts to transfer from your Debited Account and ask you for the payment and all subsequent payments until your loan is current.

  • If your Debited Account does not have a sufficient balance on a day that a payment is to be debited, we may stop further efforts to debit your Debited Account and ask you for the payment and all subsequent payments until all payments under the loan are current.

  • If your Credited Account listed in this Authorization is a debt you owe us (e.g. a mortgage or installment loan), then you agree that we may continue to charge the Debited Account until the loan is paid or until you provide us with written notice of cancellation.

  • LOAN PAYMENT AUTHORIZATION - If your Credited Account listed on page one is a debt you owe us (e.g. a ▇▇▇▇ ▇▇▇▇ or installment loan), then you agree that we may continue to charge the Debited Account until the loan is paid or until you provide us with written notice of cancellation.