Preauthorized Transfers definition

Preauthorized Transfers. Some of the services offered as preauthorized transfers are direct deposit of payroll, social security and other government payments and automatic ▇▇▇▇ payments services.
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Preauthorized Transfers means transfers you have arranged in advance for us to make, including checks written to third parties, POS transfers, telephone transfers, and transfers made through Online Banking, including transfer orders made in advance through Online Banking.
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Preauthorized Transfers. If you have arranged to have your direct deposits made to your account at least once every 60 days from the same person or company, you can call us at the telephone number appearing at the end of this Agreement to find out whether or not the deposit has been made.
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Examples of Preauthorized Transfers in a sentence

  • Liability for Failure to Stop Payment of Preauthorized Transfers.

  • Liability for Failure to Stop Payment of Pre-authorized Transfers.

  • Because you must authorize such transfers in advance, these transfers are called "Preauthorized Transfers." Some of the services offered as preauthorized transfers are direct deposit of payroll, social security and other government payments, and automatic bill payment services.

  • You have the right to place a stop payment on Preauthorized Transfers, as well as get notification when the amount of a particular withdrawal will be different from the amount of the last withdrawal.

  • We may charge a fee to stop payment on Preauthorized Transfers (as outlined in the fees section above).

  • If you authorize us or another company or person to withdraw from your Account on a regular basis (such as when you sign up for “autopay” to pay a recurring bill or invoice), it is called a “Preauthorized Transfer.” You may request that we place a stop payment on Preauthorized Transfers, as well as get notification when the amount of a particular withdrawal will be different from the amount of the last withdrawal.

  • We may terminate the use of your Debit Card and Preauthorized Transfers at any time by sending you a notice to the last address shown in our records.

  • See Savings, Club and Money Market Account – Limitation on Preauthorized Transfers.

  • However, if you have instructed us to make regular payments out of your Account ("Preauthorized Transfers"), you can stop such payments by calling us at the telephone numbers shown in this section at least three (3) Business Days before the payment is scheduled to be made.

  • Varying Preauthorized Transfers – If you have arranged in advance to make regular payments out of your account and they may vary in amount, the person you are going to pay will tell you ten days before each payment when it will be made and how much it will be.


More Definitions of Preauthorized Transfers

Preauthorized Transfers are transfers you have arranged in advance for us to make, including checks written to third parties, POS transfers, telephone transfers, and transfers made through Online Banking, including transfer orders made in advance through Online Banking and Bill Pay.
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Related to Preauthorized Transfers

  • Authorized Transferee means a Qualified Trust of ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ or of any member of a Family Group that (a) would be a Permitted Transferee of the Partner engaging in a Transfer of Partnership Interests under the Certificate of Incorporation of each Company in which the Partnership owns Class B Shares, if such Partner were Transferring Class B Shares instead of Partnership Interests; (b) is eligible to be a Partner of the Partnership without causing any Class B Shares then held by the Partnership to be converted into Class A Shares pursuant to the applicable Certificate of Incorporation; and (c) is a Participating Stockholder of each Company whose Class B Shares are owned by the Partnership, but only if such Qualified Trust (i) is a Partner immediately prior to the Transfer of Partnership Interests to such Qualified Trust or (ii) prior to or simultaneously with such Transfer, executes and delivers to the Partnership a counterpart of this Agreement, executed by the trustee of such Qualified Trust, agreeing to be subject to the restrictions and obligations of a Partner hereunder and to hold all Partnership Interests then owned or later acquired by such Qualified Trust in accordance with the terms of this Agreement, such counterpart to be substantially in the form of Exhibit 1 hereto. In particular, a Qualified Trust may not necessarily qualify under clauses (a) and (b) above. Therefore, care must be given to ensure that, for purposes of determining whether a Qualified Trust is an Authorized Transferee, such Qualified Trust qualifies under clauses (a) and (b) above. In addition, an “Authorized Transferee” of a General Partnership Interest also includes a “Qualified Entity” (defined in Section 1.18 below).

  • Authorized Trader means any natural person associated with a Participant and, if applicable, a DMA Customer who (i) has Trading

  • Electronic Fund Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone or other electronic device capable of communicating with such financial institution, wire transfers, and automated clearinghouse transfers.

  • Authorized Third Party means a person approved in writing by the resident on a DSHS Form 17-063 (Authorization to disclose re- cords), who may request and have access to the resident clinical file under chapter 71.09 RCW or the resident's medical records under chap- ter 70.02 RCW.

  • Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.