Pre-authorized Debit definition
Pre-authorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with a pre-authorized debit agreement
Pre-authorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with a pre-authorized debit agreement entered into by the Depositor.
Pre-authorized Debit or “PAD” means a pre-authorized payment in paper, electronic, or other form drawn pursuant to a PAD agreement on an account of my choosing as Payor held by my FI;
More Definitions of Pre-authorized Debit
Pre-authorized Debit or “ PAD ” means a pre-authorized payment in paper, electronic, or other form drawn pursuant to a PAD agreement on an account of my choosing as Payor held by my FI.
Pre-authorized Debit or “PAD” means a Transaction where you give us instructions and permission ahead of time to take money out of your Account in the way that is described in the pre-authorized debit agreement that you enter into.
Pre-authorized Debit. (PAD) – means a debit that is processed electronically to your Account or to your External Account, as the case may be, and in accordance your request, in order to enable you to utilize the Me to Me Money Transfer Service.
Pre-authorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with a pre-authorized debit agreement entered into by the Depositor. “Primary Depositor” means, for joint Accounts, the first Depositor named on the Personal Contract Application. When the Primary Depositor dies, once the Financial Institution is notified of the death, the next Depositor named on the Personal Contract Application will become the Primary Depositor. “Remote Instructions” means instructions given to the Financial Institution with respect to the operation of the Account from a remote location using a computer, portable hand- held device, telephone, mobile telephone, fax, via the Financial Institution’s online banking system, email, text message transmission, or other remote communication acceptable to the Financial Institution in order to operate the Account or authorize Transactions and make arrangements with the Financial Institution. “Survivor” means, for joint Accounts, upon the death of any Depositor, the surviving Depositor(s). “Third Party” means any person, firm, corporation, association, organization, or entity other than the Depositor, the Financial Institution or Central 1. “Transaction” means any debit or credit transaction processed to or from the Account by any means, including without limitation Point-of-Sale Transactions and transactions originated through an ATM, online, mobile or telephone banking or any other method of Account access that may be made available to the Depositor from time to time.
Pre-authorized Debit. – means a debit that is processed electronically in accordance with the Depositor’s written request.
Pre-authorized Debit means a Transaction debiting an External Account that is processed electronically by the Financial Institution in accordance with the Depositor’s written request.
Pre-authorized Debit oí “PAD” means a pre-authorized debit payment item issued by a Payee that is drawn on an account of a Payor held by a Processing Member.