IAT definition
Examples of IAT in a sentence
You acknowledge that we may be required to place an indefinite hold on the funds covered by the IAT Entry if the IAT Entry is required to be terminated under the OFAC Rules.
In the event an IAT Entry is delayed or terminated, Financial Institution will provide Customer such notice as may be required by the NACHA Rules, OFAC Rules, or other applicable laws and regulations.
In the event an IAT Entry is delayed or terminated, we will provide you such notice as may be required by applicable laws andregulations.
You understand that in the event of an International ACH Transaction ("IAT") Entry that is transmitted to or from any one of your accounts is identified and designated by the Credit Union's screening criteria for review and examination under the OFAC Rules and Regulations ("OFAC Rules").
The settlement of such an IAT Entry may be delayed or suspended pending the Credit Union's review of the IAT Entry, and may be terminated under applicable OFAC Rules.