Deposit service definition

Deposit service means the Bank’s opening of a deposit account for a client (hereafter – “depositor”) on the basis of the application of the depositor and under the respective deposit agreement, commensurate with the procedures and regulations established by Georgian legislation and the Bank, and accrual of the interest rate on the funds deposited at the account.
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Deposit service means a custodial scheme operated by a third party as authorised by the Government (details available on request).
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Deposit service means a service provided in connection with the use of an account (e.g., checks, deposits, ACH, wires).
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Examples of Deposit service in a sentence

  • Clauses 5.3, 5.4 and 5.5 shall apply to all cheque deposits placed with us whether over the counter or through Quick Cheque Deposit service or through any other means.

  • Once you have used the Mobile Deposit service to deposit a check, you agree not to present, or allow anyone else to present, that original check or a substitute check of that original check again for deposit through the Mobile Deposit service or by any other means with the Bank or any other financial institution.

  • Either party may terminate this Agreement and the Mobile Deposit service without prior notice.

  • The Max Deposit service is meant to provide the best conditions available on the Belgian market in terms of regulated savings and term deposits accounts.

  • If you continue to use the Mobile Deposit service after the fee becomes effective, you agree to pay the service fee that has been disclosed to you, and as may be amended from time to time.

  • We may, upon prior notice to you and to the extent required by applicable law, charge a fee for use of the Mobile Deposit service.

  • Further, you will be required to designate an account at the Bank from which fees for the Mobile Deposit service will be debited (your "Billing Account").

  • The Bank may, upon at least 30 days prior notice to you, to the extent required by applicable law, charge a fee for use of the Mobile Deposit service.

  • If we approve the Mobile Deposit service for you, you must use your Password with your Login to access your accounts.

  • We do not guarantee that your mobile device and equipment, or mobile carrier, will be compatible with the Mobile Deposit service.


More Definitions of Deposit service

Deposit service the deposit service transaction contemplated under the Renewal Financial Services Master Agreement (including the Deposit Cap);
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Related to Deposit service

  • Current service means the number of years and months of employment as an

  • payment service means any business activity set out in Annex I;

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.