Funds Account definition

Funds Account means an account held by you or any third parties maintained with any Participant.
Funds Account means a reserve and/or clearing account at a Federal Reserve Bank to which debits or cred- its are posted for transfers against pay- ment, book-entry securities trans- action fees, or principal and interest payments.
Funds Account means a reserve and/or clearing account at a Reserve Bank to which debits or credits are posted for transfers against payment, book-entry securities transaction fees, or principal and interest payments.

Examples of Funds Account in a sentence

  • Returns made to the Federal Funds Account are calculated using the Department’s Return of Title IV, HEA Funds Worksheets, scheduled attendance and are based upon the payment period.

  • All relevant funds corresponding to your Available Balance are segregated from our funds and held in the Customer Funds Account in accordance with the safeguarding requirements of the Electronic Money Regulations 2011 by law.

  • Payment may be made by check drawn on a U.S. Funds Account, MasterCard, VISA or American Express, and is subject to the terms and conditions as set forth in the enclosed "Payment Policy & Credit Card Charge Authorization Form".

  • The onus lies with you to ensure that all details and particulars of the Funds Account are accurate and complete.

  • The processing of the Funds Transfer Instruction by us is also subject to the terms and conditions and/or approval of the Participant with which the Funds Account is maintained.


More Definitions of Funds Account

Funds Account has the meaning set forth in Section 3.02(d).
Funds Account means an account held by me or any third parties maintained with anyParticipant.
Funds Account means an Account to record by currency the net amount from time to time owing between CDS and the Participant arising from the Participant's use of the Depository Service and the Settlement Service.
Funds Account means a reserveand/or clearing account at a FederalReserve Bank to which debits or credits are posted for transfers against payment, book-entry securities transaction fees, or principal and interest payments.
Funds Account means the bank account established and maintained by the Funding Recipient in accordance with clause 6, including any replacement bank account.
Funds Account means a reserveand/or clearing account at a Reserve Bank to which debits or credits areposted for transfers against payment,book-entry securities transaction fees, or principal and interest payments.
Funds Account means the account(s) opened in the name of the Customer with OCBC Bank for the record/deposit of any profits and/or losses relating to the FX Trades or Bullion Trades of the Customer;