Primary Account definition

Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.
Primary Account means, the account from which purchase transactions, charges and fees related to the Debit Card are debited; in case of multiple accounts linked to the Debit Card, it refers to the account that has been designated as being the main/first account of operation.
Primary Account means such primary Account that is linked to the Card.

Examples of Primary Account in a sentence

  • Point of Sale (POS) transactions will be deducted from your Primary Account.

  • Point of Sale (POS) transactions involving a refund will be credited to your Primary Account.

  • Offline storage is not required by HHSC.The MCO must ensure Members are required to authenticate themselves to the MIS using multi-factor authentication such as providing their Primary Account Numbers (PAN) or usernames and Personal Identification Numbers (PIN) or passwords through secureconnection between the Members’ smart phones and the MIS.

  • The Primary Account Number (PAN) in chargeback supporting documentation may differ from the PAN included by the acquirer in the clearing record.

  • It is the responsibility of Customer to update the Primary Account Contact.


More Definitions of Primary Account

Primary Account means your personal transactional savings, current or credit card account with us, used to participate in UCount Rewards.
Primary Account means the Customer’s current account (which for the avoidance of doubt include the BusinessVantage account) with the Bank which the Customer has designated and the Bank has agreed should be the main account in respect of which Transactions are effected;
Primary Account means the Account you designate for Online Banking Service fees to be charged.
Primary Account means the checking or prepaid account, if eligible, you designate for paying any potential monthly service-fees;
Primary Account means one of the accounts, as described above directly linked to the Debit Card, which will be debited for transactions, performed using the Debit Card and PIN.
Primary Account means the account under which the customer has registered the Phonebanking Service.
Primary Account means in case of multiple accounts linked to the Card, the account that has been designated as being the main/first account of operation