Returned Transaction definition

Returned Transaction means a Payment Transaction that is unable to be processed by a Citizen’s depository financial institution.

Examples of Returned Transaction in a sentence

  • Returned Transaction Fees: Payments that are returned for non-sufficient funds may be assessed a $25 fee.

  • Returned Transaction Cards of Cardholders for which no new address is available and those which Customer elects not to reroute to the Cardholder shall be destroyed.