Fedwire Regulation definition

Fedwire Regulation means subpart B of Regulation J of the Board of Governors of the Federal Reserve System, as amended from time to time.
Sample 1Sample 2Sample 3
Fedwire Regulation means Subpart B of Regulation J of the Board of Governors of the Federal Reserve System, as amended from time to time. “Payment Order” shall mean an instruction to the Bank, from or in your name, to pay a fixed or determinable amount of money to a Beneficiary. ”Repetitive Transfers” shall mean funds transfers in which the Covered Account, Beneficiary, Beneficiary’s financial institution, and Beneficiary’s deposit account are the same for each transfer, and only the date, dollar amount, and optional information vary. “Wire Security Procedures” shall mean those procedures (i) specified in the Wire Authorization; (ii) included in the Appendix; or (iii) as otherwise agreed by you and us for transmitting Payment Orders to the Bank and for verifying such Payment Orders upon receipt by us, as such procedures may be amended to supplemented from time to time by the Bank. Types of Transfers Transfers may be made in two ways: first, transfers may be made on a one-time basis; second, transfers can be made on a recurring basis. One-time transfers can be immediate or scheduled at a future date. The recurring transfer may be used to make transfers of a set amount at recurring intervals. Repetitive Transfers. If we or you determine that certain funds transfers have become Repetitive Transfers, we may assign a repetitive code to Payment Orders pertaining to such Repetitive Transfers. Processing Wire Transfer Payment Orders Customer authorizes Bank from time to time to transfer funds of Customer from any Covered Account to any other deposit account of Customer or a Beneficiary at Bank or another financial institution, or to another financial institution for the benefit of Customer or a Beneficiary, when requested to do so in a Payment Order. With respect to Customers who designate Authorized Users, Customer authorizes Bank to accept Payment Orders from an Authorized User or any person purporting to be an Authorized User. For all Services hereunder, Payment Orders may be transmitted to Bank by any means approved by Bank, including oral, written, or electronic communication. Wire transfer Payment Orders via Online Banking can be made from Customer designated accounts maintained with us to accounts Customer may have at other depository institutions or to accounts third parties maintain with us or other depository institutions. We will process wire transfer requests (“Wire Request”) we receive from Customer via Cash Management throughout the day until our cut-off time on any Bu...
Sample 1Sample 2Sample 3
Fedwire Regulation means subpart B of Regulation J of the Board of Governors of the Federal Reserve System, as amended from time to time. “Repetitive Transfer” means wire transfers in which the receiving Bank, payee, and account are the same for each transfer, and only the transfer date and amount vary. “Request” means a Customer’s request to Bank for an Online Wire Transfer, or for a cancellation or amendment of an Online Wire Transfer, made in the name, or having the unique identifier, of Customer as sender requesting that funds belonging to, or under the control of Customer to be transferred to a specified account or beneficiary. Capitalized terms used in this Section B.3., but not defined in this Section B.3. or Section A, shall have the meaning assigned to them by applicable State law or, if none, by Federal Reserve Board Regulation J.
Sample 1

Examples of Fedwire Regulation in a sentence

  • The rights and obligations of both of us in a wire transfer intended to carry out your Request, any part of which is carried out through the use of Fedwire, are governed by Fedwire Regulation.

  • Items by Board and Funds Transfers through Fedwire (Regulation J).

  • For purposes of this Section B.3., “Fedwire” means the funds transfer system owned and operated by the Federal Reserve Banks that is used primarily for the transmission and settlement of payment orders governed by the Fedwire Regulation.

  • All funds transfers are governed by this Agreement, The Fedwire Regulation, OFAC regulations, and all other Applicable Law.

  • Your and Bank’s rights and obligations in a funds transfer intended to carry out a Funds Transfer Request, any part of which is carried out through the use of Fedwire, are governed by the Fedwire Regulation.

  • Contact with hot product or vapoursmay cause burns.Symptoms/effects after ingestion : Swallowing the liquid may cause aspiration into the lungs with the risk of chemical pneumonitis.Symptoms/effects upon intravenous administration: No information available.Chronic symptoms : None to be reported, according to the present classification criteria.

  • The Fedwire Regulation governs our rights and obligations in any part of a Transfer carried out through the use of Fedwire.

  • APPENDIX C: LAWS, REGULATIONS AND GUIDANCE Laws• 12 USC 248(i), (j), and (o), 342,360,464, and 4001 – 4010: Federal Reserve ActFEDERAL RESERVE BOARD REGULATIONS• 12 CFR Part 210, Subpart B, Funds Transfers Through Fedwire (Regulation J) APPENDIX D: LEGAL FRAMEWORK FOR INTERBANK PAYMENT SYSTEMS State and federal statutes, regulations, and case law govern the payment systems in the United States.

Related to Fedwire Regulation

  • These regulations means 9VAC5-10 (General Definitions) through 9VAC5-80 (Permits for Stationary Sources).

  • TUPE Regulations means the Transfer of Undertakings (Protection of Employment) Regulations 2006, as amended.

  • SBE Regulations means the written regulations and procedures adopted pursuant to this chapter for procurement of Supplies, Services and Public Works.

  • Market Abuse Regulation means Regulation (EC) No …/… of the European Parliament and of the Council on insider dealing and market manipulation (market abuse);

  • public regulation means any national, provincial or local government legislation or subordinate legislation, or any licence, tariff, directive or similar authorisation issued by a regulatory authority or pursuant to any statutory authority;

  • Radio Regulations means the Radio Regulations annexed to, or regarded as being annexed to, the most recent International Telecommunication Convention which may be in force at any time.

  • Land Use Regulations means all ordinances, resolutions, codes, rules, regulations and official policies of CITY governing the development and use of land, including, without limitation, the permitted use of land, the density or intensity of use, subdivision requirements, the maximum height and size of proposed buildings, the provisions for reservation or dedication of land for public purposes, and the design, improvement and construction standards and specifications applicable to the development of the Property. “Land Use Regulations” does not include any CITY ordinance, resolution, code, rule, regulation or official policy, governing:

  • EU Regulation means a regulation within the meaning of Article 288 of the Treaty on the Functioning of the European Union;

  • Medicare Regulations means, collectively, all Federal statutes (whether set forth in Title XVIII of the Social Security Act or elsewhere) affecting the health insurance program for the aged and disabled established by Title XVIII of the Social Security Act and any statutes succeeding thereto, together with all applicable provisions of all rules, regulations, manuals and orders and administrative, reimbursement and other guidelines having the force of law of all Governmental Authorities (including Health and Human Services (“HHS”), CMS, the Office of the Inspector General for HHS, or any Person succeeding to the functions of any of the foregoing) promulgated pursuant to or in connection with any of the foregoing having the force of law, as each may be amended, supplemented or otherwise modified from time to time.

  • OFAC Regulations means the regulations promulgated by OFAC, as amended from time to time.

  • SEBI Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with the circulars issued thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force.

  • Line-voltage regulation means the difference between the no-load and the load line potentials expressed as a percent of the load line potential. It is calculated using the following equation:

  • the 1997 Regulations means the Zebra, Pelican and Puffin Pedestrian Crossing Regulations 1997.

  • PPPFA Regulations means the Preferential Procurement Regulations, 2017 published in terms of the PPPFA.

  • CFTC Regulations means the rules and regulations promulgated by the CFTC, as amended.

  • CDM Regulations means the Construction (Design and Management) Regulations 2015;

  • Regulation E includes specific rules for all parties involved governing the issuance and use of Debit Cards and the processing of On-line Debit Card Transactions.

  • EP Regulations means The Environmental Permitting (England and Wales) Regulations SI 2016 No.1154 and words and expressions used in this permit which are also used in the Regulations have the same meanings as in those Regulations.

  • EEA Regulations means the Immigration (European Economic Area) Regulations 2006.

  • Regulation CF means Regulation Crowdfunding promulgated under the Securities Act.

  • FCC Regulations means the regulations duly and lawfully promulgated by the FCC, as in effect from time to time.

  • the Regulation means the Associations Incorporation Regulation 2010.

  • Transfer Regulations means the Transfer of Undertakings (Protection of Employment) Regulations 2006;

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • Applicable Regulations As to any Mortgage Loan, all federal, state and local laws, statutes, rules and regulations applicable thereto.