Fund Transfer Transaction definition

Fund Transfer Transaction means instructions or transactions made through the Electronics Services system to authorize the Bank to debitany sum from the Applicant’s Account and transfer such sum to any accounts.
Fund Transfer Transaction means instructions or transactions made through the Electronics Services system to authorize the Bank to debit any sum from the Applicant’s Account and transfer such sum to any accounts.

Examples of Fund Transfer Transaction in a sentence

  • In this regard, the Applicant may make the Fund Transfer Transaction without limitation of times (except for excess of maximum amount limit), except for Outward Remittance which the Applicant has to fill in Application and submit all relating documents to the Bank via channels prescribed by the Bank for obtaining the Bank’s approval and the amount limit approved by the Bank.

  • The Bank notified the Applicant of any temporary interruption of the fund transfer and/or payment and/or provision of services before or during the Fund Transfer Transaction, the Bill Payment Transaction and/or the use of services.

  • In case of the occurrence of the Fund Transfer Transaction or the Bill Payment Transaction through the Bank’s Electronic Services system is fraudulent and without the Applicant’s fault.

  • In case of the Real-Time transaction, the Bank will proceed each fund transfer transaction pursuant to the details of such Fund Transfer Transaction only when the Bank is able to immediately debit the sum equal to the amount of such transaction together with the applicable fees or service charges payable to the Bank from the Applicant’s Account specified in Fund Transfer Transaction.

  • In case of the pre-set transaction, the Bank will proceed each fund transfer transaction pursuant to the details of such Fund Transfer Transaction, on the date specified by the Applicant to be the transaction date pursuant to Fund Transfer Transaction, only when the Bank is able to immediately debit the sum equal to the amount of such separately transaction together with the applicable fees or service charges payable to the Bank from the Applicant’s Account specified in Fund Transfer Transaction.

  • Our Liability for Failure to Complete an Electronic Fund Transfer Transaction.

  • In case of the pre-set transaction, the Bank will proceed each fund transfer transaction pursuant to the details of such Fund Transfer Transaction, on the date specified by the Applicant to be the transaction date pursuant to Fund Transfer Transaction, only when the Bank is able to immediately debit the sum equal to the amount of such separately transaction together with the applicable fees or service charges payable to the Bank from the Applicant’s account specified in Fund Transfer Transaction.

  • In case of the Real-Time transaction, the Bank will proceed each fund transfer transaction pursuant to the details of such Fund Transfer Transaction only when the Bank is able to immediately debit the sum equal to the amount of such transaction together with the applicable fees or service charges payable to the Bank from the Applicant’s account specified in Fund Transfer Transaction.

  • Durability ensures that once a transaction completes, i.e successfully commits, the changes it has made to the database persist, even if there are system failures Example of Fund Transfer Transaction to transfer $50 from account A to account B:1.

  • The Applicant may use the Electronic Services for 24 hours a day and may make the Fund Transfer Transaction and/or the Bill Payment Transaction pursuant to the amount limit and the conditions prescribed by the Bank as follows: Maximum amount limit for making transactions aforementioned is subject to change upon the Bank’s announcement and the Applicant may request for change of such maximum amount limit pursuant to the criteria, means, and conditions prescribed by the Bank.

Related to Fund Transfer Transaction

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • repurchase transaction means a transaction governed by an agreement by which a counterparty transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognised exchange which holds the rights to the securities and the agreement does not allow a counterparty to transfer or pledge a particular security to more than one counterparty at a time, subject to a commitment to repurchase them, or substituted securities of the same description at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the counterparty selling the securities and a reverse repurchase agreement for the counterparty buying them;

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • Merger Transaction means any merger, acquisition or similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • IDR Transfer Agreement means an agreement to transfer, subject to the terms of Tariff, Part VI, section 237, Incremental Deliverability Rights to a party for the purpose of eliminating or reducing the need for Local or Network Upgrades that would otherwise have been the responsibility of the party receiving such rights. Immediate-need Reliability Project: “Immediate-need Reliability Project” shall have the same meaning provided in the Operating Agreement.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

  • Qualified Securitization Transaction means any transaction or series of transactions that may be entered into by the Company or any of its Restricted Subsidiaries pursuant to which the Company or any of its Restricted Subsidiaries may sell, convey or otherwise transfer to:

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Purchase Transaction means a purchase of scrap metal, or the purchase of property described in section 10 if the knowing purchase or offer to purchase that property is not prohibited by that section, by a scrap metal dealer. The term does not include any of the following:

  • Exempt Transactions means the transactions described in the section hereof titled “Exempt Transactions.”

  • Principal Transaction means any transaction between the Sponsor, the Manager or any of their respective Affiliates, on the one hand, and the Company or one of its Subsidiaries, on the other hand.

  • Securitization Transfer The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction.

  • Drag-Along Transaction has the meaning set forth in Section 4(d)(i) of the Stockholder Agreement.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Exempt Transaction means an increase in the percentage of the outstanding shares of Common Stock or the percentage of the combined voting power of the outstanding Voting Stock of the Company beneficially owned by any Person solely as a result of a reduction in the number of shares of Common Stock then outstanding due to the repurchase of Common Stock or Voting Stock by the Company, unless and until such time as (a) such Person or any Affiliate or Associate of such Person shall purchase or otherwise become the Beneficial Owner of additional shares of Common Stock constituting 1% or more of the then outstanding shares of Common Stock or additional Voting Stock representing 1% or more of the combined voting power of the then outstanding Voting Stock, or (b) any other Person (or Persons) who is (or collectively are) the Beneficial Owner of shares of Common Stock constituting 1% or more of the then outstanding shares of Common Stock or Voting Stock representing 1% or more of the combined voting power of the then outstanding Voting Stock shall become an Affiliate or Associate of such Person.