Qualifying Accounts definition

Qualifying Accounts. (i) non-interest bearing demand deposit accounts (DDA), and (ii) such other types of accounts as the parties may from time agree in writing.
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Qualifying Accounts means the Accounts determined by CNB, in CNB’s discretion, to be eligible to participate in the Householding Program. To be eligible as a Qualifying Account, an Account must, at least, be open and in good standing (i.e., not delinquent or otherwise unavailable for use) and meet such other conditions as determined by CNB.
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Qualifying Accounts means any eligible SKNANB account which the Bank may allow access to mobile banking services;
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Examples of Qualifying Accounts in a sentence

  • You further represent and warrant that you have the right to authorize and permit us access to the Qualifying Accounts to effect such transfers or for any other purpose authorized by this Agreement, and you represent and warrant that you are not violating any third-party rights by disclosing and authorizing us to use such information.

  • The external transfer service provides you with the ability to initiate a funds transfer between accounts held at the Bank and Qualifying Accounts held at other financial institutions.

  • Qualifying Accounts - We will tell you which types of accounts qualify for our Online, Text and Mobile Banking services.

  • The financial institutions at which Qualifying Accounts are maintained (“Financial Institutions”) may contact us to verify your transfer instructions.

  • The Company hereby represents and warrants to Purchaser that is has taken all action necessary and advisable to effect a valid and binding security interest in each of the Qualifying Accounts to the Purchaser and further that such valid assignment is sufficient to enable the Purchaser to realize the practical benefits under this Agreement and all applicable law.

  • You hereby appoint us and our Service Providers as your attorney-in-fact for the purposes of effecting transfers to or from your Qualifying Accounts.

  • Reference Page --------- Schedule II -- Valuation and Qualifying Accounts 73 All other schedules are omitted because they are not applicable or the required information is shown in the financial statements or notes thereto.

  • Account information and activity regarding Qualifying Accounts at other financial institutions cannot be accessed through Online Banking.

  • Reference Page Schedule II--Valuation and Qualifying Accounts...................

  • The balances of the following types of accounts may be aggregated in the calculation of the Minimum Deposit Balance and shall be referred to as "Qualifying Accounts": (i) non-interest bearing demand deposit accounts (DDA), and (ii) such other types of accounts as the parties may from time agree in writing.


More Definitions of Qualifying Accounts

Qualifying Accounts. We will tell you which types of accounts qualify for our myMAX Online Branch service. You must be a named owner or authorized signer on the account in our records to qualify. You agree to provide us with any authority we require before we permit access to any qualifying account.
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Related to Qualifying Accounts

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Separate Accounts means the accounts which are to be prepared for each

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).