Financial Institution Partner definition

Financial Institution Partner means a chartered bank or credit union that has entered into an agreement with the Department to provide funding to a Qualified Social Equity Applicant on behalf of or in tandem with the Department.
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Financial Institution Partner means each of our financial institution partners, such as the issuing bank that is a member of the Card Network indicated on Cards and is responsible for issuing the Cards to you.
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Examples of Financial Institution Partner in a sentence

  • You are solely responsible for complying with any terms set by our Financial Institution Partner with respect to your bank or credit union account, including any fee terms, such as non-sufficient fund or overdraft fee terms.

  • SynapsePay acts on your behalf by maintaining records related to your User Account and by sending information and instructions associated with your User Account to the Financial Institution Partner.

  • SynapsePay operates a software platform that sends your payment and other instructions to our Financial Institution Partner and accepts the Bank’s instructions, as well.

  • In such an event, Aeropay may suspend the Aeropay Services and our Financial Institution Partner may suspend as well.

  • We may suspend or terminate access to your Finfare Account or Cards (when applicable) if we believe in our sole discretion that this section was violated, if required by a Financial Institution Partner, or to comply with applicable laws or regulations.

  • You agree to reimburse Aeropay, our Financial Institution Partner, other Aeropay users, or third parties for any and all such liability.

  • Banking services are provided by the Financial Institution Partner disclosed to you in the Supplemental Terms, including, but not limited to, the issuing financial institution that is a party to the Card Terms (“Issuer”) should you elect to apply, and are approved, for a Card Account.

  • All funds transfer services are provided by our Financial Institution Partner, as Spinach Pay does not receive, hold, or transmit funds.

  • When you make a payment that is funded by your bank or credit union account, you are authorizing Spinach Pay and our Financial Institution Partner to initiate an electronic transfer from your linked bank or credit union account up to the amount you specify, notified by an automated email.

  • If we, the applicable Financial Institution Partner or an assign cannot or do not collect all amounts via debit, you agree to immediately pay all amounts owed as directed.