Payroll card account definition

Payroll card account means an account that is directly or

Payroll card account means an agreement providing that an employer pays each participating employee's wages by making an electronic fund transfer to an account, and participating employees receive a payroll card to access their funds.

Payroll card account means an account that holds funds drawn upon by a payroll card.

Examples of Payroll card account in a sentence

• Definitions.7 The following words and phrases when used in this act shall 8 have the meanings given to them in this section unless the 9 context clearly indicates otherwise:10 "ATM." AN AUTOMATED TELLER MACHINE.11 "Financial institution." A bank, savings association or 12 credit union.13 "Payroll card account." An account that is directly or 14 indirectly established through an employer, to which transfers 15 of the employee's wages, salary, commissions or other 16 compensation are made.17 Section 2.

• If this secondary controller does not have enough computational power this might not be a good long term solu- tion but might be useful if this is only temporary, e.g., until the original failed controller reboots.After a secondary a controller assumes control of an ATM switch, and becomes its primary controller, it may set up another secondary controller.

• Checking, savings, or other consumer asset account held by a financial institution (directly or indirectly), including certain club accounts, established primarily for personal, family, or household purposes.b. Payroll card account, established through an employer (directly or indirectly), to which EFTs of the consumer’s wages, salary, or other employee compensation (such ascommissions), are made on a recurring basis.

• Payroll card account" means an arrangement whereby an employer pays each participating employee’s wages by making an electronic fund transfer to an account.

• Checking, savings, or other consumer asset account held by a financial institution (directly or indirectly), including certain club accounts, established primarily for personal, family, or household purposes.b. Payroll card account, established through an employer (directly or indirectly), to which EFTs of the consumer’s wages, salary, or other employee compensation (such as commissions), are made on a recurring basis.

More Definitions of Payroll card account

Payroll card account means an account that holds funds

Payroll card account means an account that is directly or indirectly established through an employer and to which deposits of a participating employee's wages are made.

Payroll card account means an account in a federally insured depository institution

Payroll card account means an account in any bank, Connecticut credit union or federal credit union that is directly or indirectly established through an employer to which transfers of the employee's wages, salary or other compensation are made and accessed through the use of a payroll card and that is subject to the requirements of Regulation E, 12 CFR Part 1005, as from time to time amended.

Payroll card account means a payroll-card account as defined in Regulation E, 12 C.F.R. Part 1005, as amended.

Payroll card account means a prepaid account that is directly or indirectly established through an employer and to which transfers of the employee’s wages, salary orother compensation are made; and

Payroll card account means an account into which an