Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.
Electronic Funds Transfer means an electronic transmission of funds conducted by and received at a financial institution or a financial entity headquartered in and operating in a country that is a member of the Financial Action Task Force, where neither the sending nor the receiving account holders handle or transfer the funds, and where the transmission record contains a reference number, the date, transfer amount, currency and the names of the sending and receiving account holders and the conducting and receiving entities.
Electronic Funds Transfer means a remote electronic transmission used for ordering, instructing, or authorizing a financial institution to pay money to or credit the account of the payee and debit the account of the payer. The remote electronic transmission may be initiated by telephone, terminal, computer, or similar device.
Examples of Electronic Funds Transfer in a sentence
Otherwise, payment will be through a traditional method of a check or Electronic Funds Transfer (EFT) as available.
Canandaigua National Bank & Trust 00 Xxxxx Xxxx Xxxxxx, Xxxxxxxxxxx, XX 00000 For additional Information on electronic funds transfer error resolution, see the Bank’s Electronic Funds Transfer Disclosure Statement.
You agree to pay the charges or transaction fees that are charged for Electronic Funds Transfer Services we currently offer or which may later be offered as such fees or charges may be imposed or changed from time to time (See the Retail Banking Fee Schedule).
Resident agrees to pay the Monthly Housing Fees and Service Charges only by check, money order, credit card, debit card, or by Electronic Funds Transfer.
Margin deposits shall be made by an Electronic Funds Transfer (EFT) or by such other means as FRONTIER MARKETS PTY LTD may direct.
More Definitions of Electronic Funds Transfer
Electronic Funds Transfer means any transfer of funds, other than a trans- action originated by cash, check, or Fiscal Service, Treasury § 208.2 similar paper instrument, that is initi- ated through an electronic terminal, telephone, computer, or magnetic tape, for the purpose of ordering, instruct- ing, or authorizing a financial institu- tion to debit or credit an account. The term includes, but is not limited to, Automated Clearing House transfers, Fedwire transfers, and transfers made at automated teller machines and point-of-sale terminals. For purposes of this part only, the term electronic funds transfer includes a credit card transaction.
Electronic Funds Transfer means the same as defined in section 203.1.
Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, that is initiated through an electronic terminal, telephonic instrument, modem, computer, or magnetic tape, so as to order, instruct, or authorize a financial institution to credit or debit an account.
Electronic Funds Transfer means any transfer of funds, other
Electronic Funds Transfer. (“EFT”) means the value-dated transmission of an electronic message to a depository institution instructing it to make a book entry reflecting the transfer of funds between DHS and Trading Partner.
Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, that is initiated through an electronic terminal, telephone, or computer or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit an account. [IC 36-1-8-11.5]
Electronic Funds Transfer means a transfer that is initiated through Mobile Banking or Online Banking to debit or credit an Account that is a deposit account used primarily for personal, family or household purposes. The term does not include any transfer made through Fed wire or a similar wire transfer service, any transfer of funds between your Accounts, or any transfer between any of your Accounts and any customers within our financial institution.