Virtual Account definition
Virtual Account means the Vanilla eReward Visa Virtual Account issued to you by The Bancorp Bank. Virtual Account also means the records we maintain to account for the value of claims associated with the Virtual Account. “Issuer” means The Bancorp Bank or its depository affiliate. The Issuer” is an FDIC insured member institution. “You” and “your” mean the person or persons who have received the Virtual Account and are authorized to use the Virtual Account as provided for in this Agreement. “We,” “us,” and “our” mean the Issuer, our successors, affiliates or assignees. InComm Financial Services, Inc., P.O. Box 826, ▇▇▇▇▇▇▇, Georgia 31808, is the entity managing the Virtual Account (“Program Manager”). You acknowledge and agree that the value available in the Virtual Account is limited to the funds that have been loaded to the Virtual Account on your behalf. The Virtual Account is a prepaid account. You have received this Virtual Account as a gratuity without the payment of any monetary value or consideration. You are not the owner of the Virtual Account or the funds underlying the Virtual Account. Your failure to activate and use the Virtual Account results in the loss of all right, title and interest in the Virtual Account and the underlying funds. The Virtual Account is not connected in any way to any other account. The Virtual Account is not a credit account and is not for resale. You will not receive any interest on the funds in the Virtual Account. The Virtual Account will remain the property of the Issuer and must be surrendered upon demand. The Virtual Account is nontransferable and it may be canceled, repossessed, or revoked at any time without prior notice subject to applicable law. The Virtual Account is not designed for business use, and we may close the Virtual Account if we determine that it is being used for business purposes. We may refuse to process any transaction that we believe may violate the terms of this Agreement. Our business days are Monday through Friday, excluding federal holidays, even if we are open. Any references to “days” found in this Agreement are calendar days unless indicated otherwise. Write down the Virtual Account number and the customer service phone number provided in this Agreement on a separate piece of paper in case the Virtual Account number is lost, stolen, or destroyed. Keep the paper in a safe place. Please read this Agreement carefully and keep it for future reference. The Virtual Account will be active when you receive it....
Virtual Account means a temporary access device issued to you by MetaBank that you may elect to obtain to access your Card Account for telephone or online transactions, without needing to present your Card. “Issuer,”“we,”“us,”
Virtual Account means a virtual account assigned by the Bank based on Virtual Network Collection Service Application provided by the Customer.
Examples of Virtual Account in a sentence
We may use Cardholder/Virtual Accountholder Information (including the transfer of your information to individuals or organizations in the United States) to process Card/ Virtual Account transactions, to provide Customer Service in other DE COMPTE VIRTUEL Veuillez lire le présent Contrat attentivement et en conserver un exemplaire pour référence.
More Definitions of Virtual Account
Virtual Account means the temporary access device obtained in connection with the Card Account. “Account Number” means the 13-digit Account Number assigned to you to identify your Card Account. “Card Number” is the 16-digit number embossed on your Card. “You” and “your” mean the person or persons who have received the Card and are authorized to use the Card as provided
Virtual Account means the multi-currency virtual account which enables Company to (i) hold the Available Balance in a Supported Currency; (ii) convert a Supported Currency into a currency of choice made available by Azimo from time to time (iii) facilitate the transfer of funds by Company to a third party. The Virtual Account does not constitute a bank account or financial instrument. Please note references to a person include a natural person, corporate or unincorporated body (whether or not having separate legal personality) and shall include reference to that person’s successors or assigns.
Virtual Account means an Account with no physical Card, intended primarily for Electronic Commerce Transactions (as defined in the Visa Rules).
Virtual Account means an account opened by us with a Partner Bank on your behalf.
Virtual Account means a bank account in the name of Airwallex (Hong Kong) Limited or an affiliate, which shall be used to receive funds from Acquirers, the details of which we will provide to you from time to time.
Virtual Account also means the records we maintain to account for the value of claims associated with the Virtual Account. “You” and “your” mean the person or persons who have received the Virtual Account and are authorized to use it as provided for in this Agreement. “We,” “us,” and “our” mean the Issuer, our successors, affiliates or assignees. One Inc is the entity managing the Virtual Account program (“Program Manager”). You acknowledge and agree that the value available in the Virtual Account is limited to the funds that have been loaded to the Virtual Account on your behalf. You agree to sign the back of the Virtual Account immediately upon receipt. The expiration date of the Virtual Account is identified on the front of the Virtual Account. The Virtual Account is a prepaid account. The Virtual Account is not a gift card or a gift certificate. You have received this Virtual Account as a gratuity without the payment of any monetary value or consideration. Your failure to activate and use the Virtual Account results in the loss of all right, title and interest in the Virtual Account and the underlying funds. The Virtual Account is not connected in any way to any other account. The Virtual Account is not a credit Virtual Account. The Virtual Account is not for resale. You will not receive any interest on the funds in the Virtual Account. The Virtual Account will remain the property of the Issuer and must be surrendered upon demand. The Virtual Account is non-transferable, and it may be canceled, repossessed, or revoked at any time without prior notice subject to applicable law. The Virtual Account is not designed for business use, and we may close the Virtual Account if we determine that it is being used for business purposes. We may refuse to process any transaction that we believe may violate the terms of this Agreement. Our business days are Monday through Friday, excluding federal holidays, even if we are open. Any references to “days” found in this Agreement are calendar days unless indicated otherwise. Write down the Virtual Account number and the customer service phone number provided in this Agreement on a separate piece of paper in case the Virtual Account is lost, stolen, or destroyed. Keep the paper in a safe place. Please read this Agreement carefully and keep it for future reference. The Card is active when it is received. The Card may be used immediately upon its receipt.
Virtual Account means the dedicated area within the Trust Account created to identify and control the movement of the Client’s Principal Funds