Refund Transfer definition

Refund Transfer means a banking service offered by Bank under the Program in which Program Customers receive income tax refunds under the Program in a limited-use deposit account via direct deposit from the U.S. Treasury, from which amounts authorized by Program Customers are deducted and as further described in Schedule B (Refund Transfer Product Schedule).
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Refund Transfer or "RT" means a tax refund-related deposit product offered in Retail Locations and the Digital Channel under the Program through a Refund Account established to receive a Refund Transfer Accountholder's federal and/or state income tax refund, from which payments are disbursed as directed by the Refund Transfer Accountholder, and the remaining proceeds, if any, are disbursed to the Refund Transfer Accountholder through various methods including direct deposit to an external bank account or Emerald Card, or by check, as further described in Schedule B (Refund Transfer Product Schedule). For the avoidance of doubt, the term "Refund Transfer" includes any Refund Transfers and the associated Refund Accounts transferred from Axos to Meta pursuant to the Purchase Agreement.
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Refund Transfer means the direct deposit of your Refund to your Refund Account, the disbursement of payments from the Refund Account as you authorize and direct, and the disbursement of any balance of the Refund Account to you.
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Examples of Refund Transfer in a sentence

  • That is to say, Ellen White’s writings presently speak (not spoke) with prophetic authority as did the biblical prophets.

  • Subject to Section 14.3(b)(iii), if a Durbin Regulatory Event occurs, EFS shall have the right, in its sole discretion, to terminate this entire Agreement, or any of the Product Schedules with respect to Emerald Advance, Emerald Card or Refund Transfer, upon prior written notice to Bank.

  • A description of the Refund Transfer product is set forth in Schedule B (Refund Transfer Product Schedule).

  • A Refund Transfer Fee and all other authorized amounts will be deducted from your tax refund.

  • If a Durbin Regulatory Event occurs, EFS shall have the right, in its sole discretion, to terminate this entire Agreement, or any of the Product Schedules with respect to Emerald Advance, Emerald Card or Refund Transfer, upon thirty (30) days’ prior written notice to Bank.

  • Question 2: The Refund Transfer Product provides a convenient way for your clients to receive their tax refunds.

  • A Refund Transfer is a fee-based product offered by Republic Bank & Trust Company, member FDIC.

  • A taxpayer will get a refund in the same amount of time regardless of whether a tax product is used or an IRS e-file is selected.Correct.If a taxpayer elects to use a tax product (Refund Transfer or State Refund Transfer) or e-file through the IRS, the refund will typically be received in less than 21 days.

  • You should also do which of the following when explaining the Refund Transfer product to taxpayers: a) Highlight the positive features of the Refund Transfer product, but not explain the fees associated with using this product unless the taxpayer asks.Incorrect.

  • Refund Transfer to regional distribution of the budget referred to in Article 31 paragraph (1) may be done after the lifting of sanctions delays or compliance obligations in the area of the current budget year.


More Definitions of Refund Transfer

Refund Transfer means a limited-purpose deposit account offered to Taxpayers by an unaffiliated, third-party financial institution, for a fee, through which Taxpayers’ federal and, if applicable, state tax refund proceeds are deposited by the taxing authority and disbursed to the Taxpayer net of Taxpayer authorized fees and, if applicable Bank Product repayment amounts. A “Deposit Account” means a limited-purpose deposit account offered at no cost to Taxpayers by an unaffiliated, third-party financial institution, through which Taxpayers’ federal and, if applicable, state tax refund proceeds are deposited by the taxing authority and disbursed to the Taxpayer net of Bank Product repayment amounts;
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Related to Refund Transfer

  • Repurchase Proceeds the Repurchase Price in connection with any repurchase of a Mortgage Loan by the Seller and any cash deposit in connection with the substitution of a Mortgage Loan.

  • Transfer Form means a standardized form prescribed by the Management Company to be duly filed by the investor to transfer Units and will be stated in this Offering Document.

  • Transfer Payment Received As defined in Section 4.03.

  • Pass-Through Transfer The sale or transfer of some or all of the Mortgage Loans to a trust to be formed as part of a publicly-issued and/or privately placed, rated or unrated, mortgage pass-through transaction, retaining the Company as "servicer" (with or without a master servicer) thereunder.

  • Form of Assignment and Transfer means the “Form of Assignment and Transfer” attached as Attachment 3 to the Form of Note attached hereto as Exhibit A.

  • Type II transfer means that phrase as defined under Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Wire Instructions To: _____________________________________ To: _____________________________________

  • Wire Transfer Instructions Via Fed Wire: ABA #026005319 Account: BCA Italiana Attention: Loan Dept./Alex Papace Reference: HEALTHSOUTH Corporation THE FIRST NATIONAL BANK OF CHICAGO By: /S/ ERIK C. RACK -------------------------------------- Name: Erik C. Rack Title: Assistant Vice President Lending Office: One First National Plaza, Suite 0091/8 Chicago, Illinois 60670 Wire Transfer Instructions: First National Bank of Chicago Chicago, Illinois ABA #071000013 Account #7521 7653 Account Name: DES Income Clearing A/C Reference: HEALTHSOUTH Corporation MICHIGAN NATIONAL BANK By: /S/ NERAN SHAYA -------------------------------------- Name: Neran Shaya Title: Relationship Manager Lending Office: 27777 Inkster Road Farmington Hills, Michigan 48334 Wire Transfer Instructions: Michigan National Bank Farmington Hills, Michigan ABA #072000805 Account #115710-917000 Account Name: Clearing Account Attention: Sylvia Mills Reference: HEALTHSOUTH Corporation

  • Wire Transfer means a payment in immediately available funds by wire transfer in lawful money of the United States of America to such account or accounts as shall have been designated by notice to the paying party.

  • Purchase Proceeds means any cash amounts received by the Master Servicer in connection with: (i) the repurchase of a Mortgage Loan or an REO Mortgage Loan by a Seller pursuant to Section 2.3, (ii) the purchase of the Mortgage Loans and REO Properties by the Holders of the Controlling Class, the Master Servicer, the Special Servicer, the Holders of the Class R Certificates or any other applicable Person pursuant to Section 11.1(b), (iii) the purchase of an A Note by a holder of the related B Note in accordance with the terms of the related Intercreditor Agreement or (iv) the purchase of a Mortgage Loan by a holder of a mezzanine loan under the related mezzanine intercreditor agreement.

  • Transfer Payment Made As defined in Section 4.03.

  • Transfer Instructions has the meaning set forth in Section 2.2.

  • Type III transfer means that term as defined under Section 3(c) of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Fannie Mae Transfer As defined in Section 13. FHA: The Federal Housing Administration, an agency within the United States Department of Housing and Urban Development, or any successor thereto and including the Federal Housing Commissioner and the Secretary of Housing and Urban Development where appropriate under the FHA Regulations.

  • Reais Transfer Date means each Business Day of each calendar month following a Business Day when, as of the Balance Transfer Time for the Bond Administrator, there are available funds in the Collections Account for allocation in accordance with the Indenture.

  • Repurchase Payment means, with respect to a 20[•]-[•] Lease and the related 20[•]-[•] Vehicle required to be purchased by the Servicer pursuant to Section 8.02(a) and Section 8.02(b) of the 20[•]-[•] Servicing Supplement, the sum of (i) the Securitization Value of the 20[•]-[•] Lease as of the end of the Collection Period preceding the Collection Period in which the Servicer granted an extension with respect to such 20[•]-[•] Lease or discovers a breach of representations or warranties pursuant to Section 8.02(b) of the 20[•]-[•] Servicing Supplement and (ii) any delinquent Monthly Payments which have not been paid by the related Lessee by the end of the Collection Period relating to the Deposit Date on which the Repurchase Payment will be made.

  • Exempt Transfer means, in relation to shares held by a member:

  • Transfer Any direct or indirect transfer, sale, pledge, hypothecation, or other form of assignment of any Ownership Interest in a Certificate.

  • Subsequent Relevant Transfer means a transfer of employees assigned, engaged or employed in the provision of the Services from the Contractor or any Sub-Contractor to a New Provider under the Transfer Regulations;

  • transfer value means the value of a transferred vote calculated in accordance with rules STV47.4 or STV47.7. 42. Arrangements for counting of the votes 42.1 The returning officer is to make arrangements for counting the votes as soon as is practicable after the close of the poll. 42.2 The returning officer may make arrangements for any votes to be counted using vote counting software where:

  • Excluded Transfer means any transfer of VRDP Shares (1) to a TOB Trust in which BANA and/or its Affiliates collectively own all of the residual interests, (2) in connection with a distribution in-kind to the holders of securities of or receipts representing an ownership interest in any TOB Trust in which BANA and/or its Affiliates collectively own all of the residual interests, (3) in connection with a repurchase financing transaction or (4) relating to a collateral pledge arrangement.

  • 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.

  • Asset Transfer means a sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company.

  • transfer day means the gas day commencing at the transfer time.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.