Money Network Check definition

Money Network Check means the checking product available through the Program Solutions that provides a Participating Student the ability to write a check to a payee, the amount of which is deducted from the Student Account balance.
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Examples of Money Network Check in a sentence

  • You should carefully safeguard any Money Network Check for which you have received issuer and transaction numbers.

  • If your Account or Premier Account is not active at the time of expiration your Account or Premier Account will remain open and the funds will be accessible by Money Network Check and subject to fees, and you may contact Customer Service to obtain a replacement Card.

  • The amount of the Money Network Check you authorize using the IVRU will be electronically deducted from your Account immediately.

  • To learn how to cancel a Money Network Check after it has been authorized and have it added back to your Account, please refer to the Money Network Check instructions in your Welcome Packet.

  • If you do not have a Money Network Check, you may request one from Customer Service, subject to any applicable fees in the Fee Schedule.

  • If you request a Money Network Check from your Account or Premier Account and do not redeem it within 180 days, the Money Network Check will be cancelled and the funds will be added back into your Account or Premier Account.

  • Please note that once you complete a Money Network Check with an issuer number and a transaction number, that Money Network Check is valid for the amount authorized and could be cashed or negotiated by anyone who has possession of the Money Network Check.

  • The IVRU process requires you to enter the number on your Card in order to access your funds with a Money Network Check.

  • If you cancel a Money Network Check in accordance with the Money Network Check instructions provided with your Money Network Checks, we will credit your Account within one business day after our receipt of your Money Network Check and other required information.

  • You may contact Customer Service using the Interactive Voice Response Unit (“IVRU”), an automated phone system, to authorize and complete a Money Network Check.