Remote service unit definition

Remote service unit means an automated facility, operated by a customer of a bank, that conducts banking functions, such as receiving deposits, paying withdrawals, or lending money.
Remote service unit means a terminal or other facility or installation, attended or unattended, which is not located at the home office or at another office of a savings bank and through which customers and savings banks may engage, by means of either the direct transmission of electronic impulses to and from a savings bank or the recording of electronic impulses or other indicia of a transaction for delayed transmission to a savings bank, in transactions which are incidental to the conduct of the business of a savings bank and which are otherwise permitted by law. “Remote service unit” includes all equipment, regardless of loca- tion, that is interconnected with a remote service unit and that is necessary to transmit, route and process electronic impulses in order to enable the remote service unit to perform any function for which it is designed.
Remote service unit means a remote service unit as de- fined in s. 214.01 (1) (sm) or 215.13 (46) (a), Stats., or a remote terminal as defined in s. 186.113 (15) (b), Stats., or a customer bank communications terminal as defined in s. 221.0303 (1), Stats.

Examples of Remote service unit in a sentence

  • Remote service unit operation, leasing, ownership, or establishment.

  • Remote service unit (RSU)RSUs include, without limitation, point-of-service terminals, merchant-operated terminals, cash- dispensing machines, and automated teller machines.

  • Remote service unit" means an electronic financial terminal as defined in section 47.61.Subd.

  • Remote service unit operation, leasing, ownership or establishment.

  • Remote service unit (RSU) means an information processing device, including associated equipment, structures and sys- tems, by which information relating to finan- cial services rendered to the public is stored and transmitted, instantaneously or other- wise, to a financial institution.


More Definitions of Remote service unit

Remote service unit means an electronic financial terminal as defined in section 47.61.
Remote service unit means an information processing device, including associated equipment, structures and systems, by which information relating to financial services rendered to the public is stored and transmitted, instantaneously or otherwise, to a financial institution.
Remote service unit means an information processing device, including associated equipment, structures, and systems by which information relating to financial services rendered to the public is stored and transmitted, instantaneously or otherwise, to an association or other financial institution having its home or approved branch office in this State. The term includes without limitation, point‑of‑sale terminals, merchant‑operated terminals, cash dispensing machines, and automated teller machines. A remote service unit is not a branch of an association and is not subject to any of the provisions of this title applicable to branch offices.
Remote service unit or "RSU" means an information processing device, including associated
Remote service unit or "RSU" means an information processing device, including associated equipment, structures and systems, by which information relating to financial services rendered to the public is stored and transmitted, instantaneously or otherwise, to a financial institution. Any such device not on the premises of a state savings institution that, for activation and account access, requires use of a machine-readable instrument and personal security identifier in the possession and control of an account holder, is an RSU. The term includes, without limitation, point-of-sale terminals, merchant-operated terminals, cash-dispensing machines, and automated teller machines. The term does not include automated teller machines on the premises of a state savings institution, unless shared with other financial institutions.
Remote service unit means the same as defined in K.S.A. 9-1111, and amendments thereto, and includes, but is not limited to, automated cash dispensing machines and automated teller machines; and
Remote service unit means a terminal or other facility or installation, attended or unattended, which is not located at the home office or at another office of a sav- ings bank and through which customers and savings banks may engage, by means of either the direct trans- mission of electronic impulses to and from a savings bank or the recording of electronic impulses or other indi- cia of a transaction for delayed transmission to a savings bank, in transactions which are incidental to the conduct of the business of a savings bank and which are otherwise permitted by law. “Remote service unit” includes all equipment, regardless of location, that is interconnected