Examples of Electronic Fund Transfer in a sentence
In the event a use of Your PIN constitutes an Electronic Fund Transfer, the terms and conditions of Your Electronic Fund Transfer Agreement may also affect Your rights.EFFECT OF AGREEMENT.
Listed companies are required to use the Reserve Bank of India’s approved electronic mode of payment such as National Automated Clearing House (NACH), National Electronic Fund Transfer (NEFT), Real Time Gross Settlement (RTGS) for making payments like dividend to the shareholders, in terms of Schedule I of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR).
Payment to those shareholders whose share certificates and/or other documents are found valid and in order will be by way of a crossed account payee cheque/demand draft/pay order or through Direct Credit (DC), National Electronic Fund Transfer (NEFT), Real Time Gross Settlement (RTGS), National Electronic Clearing Service (NECS), at specified centre where clearinghouses are managed by the RBI within 10 days from the date of closure of Offer i.e., 17th January, 2013.
Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (aaa) cash; (bbb) money order; (ccc) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (ddd) Electronic Fund Transfer.
EMD (Bid Security) and Tender processing fee should be paid through e-payments, credit card, direct debit (internet banking) or NEFT (National Electronic Fund Transfer).