Credit card bank definition

Credit card bank means an institution that is primarily engaged in credit card operations, which does not accept demand deposits or deposits that the depositor may withdraw by check or similar means for payment to third parties or others, and which does not engage in the business of making commercial loans.
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Credit card bank means DMCCB and any other Person that issues credit cards to be formed or acquired by the Borrower or one of the Subsidiaries.
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Credit card bank means any Person (other than the Parent Borrower or any of its Subsidiaries) that, with respect to any Credit Card Program that is in effect on the Closing Date (or any replacement or renewal thereof), is a Lender or Agent or an Affiliate of a Lender or Agent, in its capacity as a party to such Credit Card Program.
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Examples of Credit card bank in a sentence

  • Credit card bank lines will not be separated by card type; the same line will be used for all cards transmitted in the same batch.

  • One Credit card bank line for each batch settlement (if a swipe machine is used) or each day’s sale report (if a web-interface with automatic settlement is used).

  • A processing bank or trust company is an institution whose non-lending interest income, fiduciary revenues, and investment banking fees, combined, exceed 50 percent of total revenues (and its fiduciary revenues are non-zero), and has had $10 billion or more in total assets for at least four consecutive quarters.(t) Credit card bank.

  • Credit card bank lines will use entire 12 digit number of the Bank of America Mastercard/Visa Merchant ID and the date of the batch, in the following format: 123456159999 09.02.2010.

  • Credit card bank lines will use the last six numbers of the Bank of America Mastercard/Visa Merchant ID and the date of the batch, in the following format: 159999 09.02.2010.

  • Loan from friends/family Credit card, bank or finance companySavings or investments Selling something Unsure or not able toIncome replacement insuranceSome other way Gift from friends/family0% 20% 40% 60% 80% 100% Figure 5.

  • The agencies included the following credit bureau debt categories in the credit card definition: Credit card, bank card, flexible spending card, retail lending card, and line of credit.

  • Credit card bank statements of CSA employees for the period 2016 to 2019; 3.2.1.1.16.

  • Credit card, bank fees and other operating costs (1.8 ) Due primarily to reduced inventory levels and corresponding physical inventory count fees.

  • Credit card bank reliance on these innovations has been an entirely private matter.


More Definitions of Credit card bank

Credit card bank means Direct Merchants Credit Card Bank, National Association, and any other Person that issues credit cards to be formed or acquired by the Borrower or one of the Subsidiaries.
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Credit card bank has the meaning set forth in Section 2.01.
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Credit card bank means Fingerhut National Bank and any other Person that issues credit cards to be formed or acquired by the Borrower or one of the Subsidiaries.
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Credit card bank means Direct Merchants Credit Card Bank, National Association and any other FDIC-insured limited purpose credit card national bank(s) to be formed or acquired by the Company or one of the Subsidiaries, which shall engage only in the business activities specified in Section 2(c)(2)(F) of the Bank Holding Company Act of 1956, as amended by the Competitive Equality Banking Act of 1987, as amended. ARTICLE 4
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Credit card bank means National Bank of the Great Lakes, a national banking association and wholly owned subsidiary of the Borrower.
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Credit card bank means a national bank that has its principal place of business in this state or a bank organized under the laws of this state, the activities of which are limited by law to those permitted pursuant to subsection (3).
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Related to Credit card bank

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Card Issuer means the financial institution or company which has provided a Card to a Cardholder.

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Merchant means a company, firm or other organisation accepting either all Cards as a means of payment for goods and/or services or at least one type of Card for business to business transactions.