Electronic funds transfer payment definition

Electronic funds transfer payment means a payment by any method of electronic funds transfer other than through the Automated Clearing House Network (ACH), as codified in 45 CFR Sections 162.1601 and 162.1602;
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Electronic funds transfer payment means a payment by any
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Electronic funds transfer payment means a payment by a method of electronic funds
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Examples of Electronic funds transfer payment in a sentence

  • RecommendationsIt is recommended that:• The kindergarten year be mandatory when kindergarten moves into the school system.• Parents be able to defer their child’s entry to kindergarten to the year following the usual age of entry if they feel this would be in the best interests of the child.• Current legislative and regulatory provisions on private schools be amended to include private kindergartens.

  • However, this clause does not apply to this agreement to the extent that this agreement is made with a corporationfor the corporation’s general benefit.§ 1274.932 Electronic funds transfer payment methods (XXX 1995).Payments under this cooperative agreement will be made by theGovernment either by check orelectronic funds transfer (through the Treasury Fedline Payment System (FEDLINE) or the Automated Clearing House (ACH)), at the option of theGovernment.

  • Electronic funds transfer payment is required to ensure timely processing.

  • Electronic funds transfer payment methods, when fully implemented, are expected to significantly reduce the administrative burden that is currently associated with contract payments made by check and, therefore, should apply to all Federal contracts.

  • Section 52.232-28 is added to read as follows: 52.232-28 Electronic funds transfer payment methods.As prescribed in 32.908(d), insert the following clause:Electronic Funds Transfer Payment Methods (April 1989)Payments under this contract will be made by the Government either by check or electronic funds transfer (through the Treasury Fedline Payment System (FEDLINE) or the Automated Clearing House (ACH), at the option of the Government.


More Definitions of Electronic funds transfer payment

Electronic funds transfer payment means refers to any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal means, telephonic instrument, or computer or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account.
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Electronic funds transfer payment means a payment by any method of electronic funds transfer other than a standard health care electronic funds transfers and remittance advice transaction pursuant to 45 Code of Federal Regulations sections 162.1601 and 162.1602.
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Electronic funds transfer payment means a payment by any method of electronic funds transfer other than healthcare electronic funds transfer and remittance advice transactions under 45 CFR 162.1601 and 162.1602;
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Electronic funds transfer payment means a payment by any method of electronic funds transfer other than through the automated clearing house network, as codified in the Code of Federal Regulations;
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Related to Electronic funds transfer payment

  • Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.

  • ACH means automated clearing house transfers.

  • Electronic Notice shall be deemed written notice for purposes of this Section 13 if sent to the electronic mail address specified by the receiving party under separate cover. Electronic Notice shall be deemed received at the time the party sending Electronic Notice receives verification of receipt by the receiving party. Any party receiving Electronic Notice may request and shall be entitled to receive the notice on paper, in a nonelectronic form (“Nonelectronic Notice”) which shall be sent to the requesting party within ten (10) days of receipt of the written request for Nonelectronic Notice.

  • Electronic Payment means a wire transfer or an ACH credit transfer.

  • Clearing House means a clearing house recognised by the laws of the jurisdiction in which the Shares (or depositary receipts therefor) are listed or quoted on a stock exchange or interdealer quotation system in such jurisdiction.

  • Electronic toll collection system means a system of collecting tolls or charges which is capable of charging an account holder the appropriate toll or charge by transmission of information from an electronic device on a motor vehicle to the toll lane, which information is used to charge the account the appropriate toll or charge.

  • Electronic Version/Copy means a digital form consisting of text, images or both readable on computers or other electronic devices that includes all content that the Original and Hard Copy proposals contain. The digital form may be submitted using a compact disc (cd) or USB flash drive. The electronic version/copy can NOT be emailed.

  • Electronic Control System means a combination of units, designed to co-operate in the production of the stated vehicle control function by electronic data processing. Such systems, often controlled by software, are built from discrete functional components such as sensors, electronic control units and actuators and connected by transmission links. They may include mechanical, electro-pneumatic or electro-hydraulic elements.

  • Electronic Chattel Paper means chattel paper evidenced by a record or records consisting of information stored in an electronic medium.