Eligible Transaction Account definition

Eligible Transaction Account is a transaction account from which your transfers will be debited, your Account to Account Transfer Service fees, if any, will be automatically debited, or to which transfers and credits to you will be credited, that is eligible for the Account to Account Transfer Service. An Eligible Transaction Account shall be limited to a checking, money market or savings account that you hold with us.
Eligible Transaction Account is as defined in Section 36 of the General Terms, except that it shall be limited to a checking, money market or savings account that you hold with us.
Eligible Transaction Account is a transaction account (checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information) from which your payments as a Sender will be debited, any Popmoney Service fees will be automatically debited, or to which payments and credits to you will be credited. “Payment Instruction” is the information provided by the Sender to the Popmoney Service for a payment to be made to a Receiver (such as, but not limited to, name, mobile telephone number, email address, and bank account and routing number information).

Examples of Eligible Transaction Account in a sentence

  • Notwithstanding the above, you may be liable for greater amounts than listed above to the extent allowed under applicable law only if we determine that you were grossly negligent or fraudulent in the handling of your Eligible Transaction Account.

  • We are not responsible for any payment processing errors or fees incurred if you do not provide accurate Eligible Transaction Account, Transfer Instructions or contact information.

  • You will verify your External Account through a process of receiving two small deposits (of less than $1.00 each) into your Eligible Transaction Account.

  • You agree to pay such charges and authorize us to deduct the calculated amount from the applicable Eligible Transaction Account you hold with us or the Account that is debited for the funds transfer, depending on how such charges are described in the user interface for the Account-to-Account Transfer Service.

  • Section 22 (Failed or Returned Transfer Instructions) applies if you do not pay our fees and charges for the Account to Account Transfer Service, including without limitation if we debit the External Account for such fees, as described in this Section, and there are insufficient fees in the External Account; Section 22 (Failed or Returned Transfer Instructions) should be interpreted as applying to the External Account, not just the Eligible Transaction Account, in such circumstances.


More Definitions of Eligible Transaction Account

Eligible Transaction Account means Your AAFCU checking account
Eligible Transaction Account is a consumer checking account that is eligible for the Services from which a User’s payments will be debited or to which payments and credits to a User will be credited; “your” Eligible Transaction Account means the Eligible Transaction Account that you enrolled for the Services.
Eligible Transaction Account is as defined in Section 2.a. above (Key Definitions), except that it shall be limited to an account that you hold with us, and from which bill payments will be debited.
Eligible Transaction Account is a transaction account “Account”. Depending on the Service, an Eligible Transaction Account may include a checking, money market, or other direct deposit account, credit card account, or debit card account, including any required routing information.
Eligible Transaction Account means any ANZ Access Advantage account, ANZ One account, ANZ Equity Manager account or any other account which ANZ, in its discretion, determines to be an Eligible Transaction Account.
Eligible Transaction Account is a transaction account (checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information) from which your payments as a Sender will be debited, your Popmoney Service fees will be automatically debited, or to which payments and credits to you will be credited.
Eligible Transaction Account is a transaction account from which your payments will be debited, your Zelle® and Other Payment Services fees will be automatically debited, or to which payments and credits to you will be credited. An Eligible Transaction Account may include a checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information.