transfer of funds definition

transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

transfer of funds means any transaction carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person;

transfer of funds means any transaction carried out on behalf of a payer through a payment service provider by electronic means, with a view to making funds available to a payee at a payment service provider, irrespective of whether the payer and the payee are the same person. The terms payer, payee and payment service provider have the same meaning as in Regulation (EC) No 1781/2006 of the European Parliament and of the Council of 15 November 2006 on information on the payer accompanying transfers of funds12;

Examples of transfer of funds in a sentence

• The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX).

• The balance of the purchase money together with Sales and Services Tax (SST) and/or taxes that replace the SST (if any) shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX).

• There is a $2.00 Telephone Transfer of Funds Fee for each transfer request when you call and speak to an associate directly.

• MO HealthNet providers must complete an Electronic Transfer of Funds Authorization Agreement xxxxx://xxxx.xx.xxx/wp-content/uploads/sites/11/2015/07/EFT-Paper1.pdf to receive reimbursement for services through direct deposit into a checking or savings account.

• This paragraph shall not affect a Contracting Party’s obligations under Article VII (Transfer of Funds).

More Definitions of transfer of funds

transfer of funds means any money, regardless of amount, received by a committee from another committee or money given by a committee to another committee.

transfer of funds means any transaction carried out on behalf of a payer through a PSP by electronic means, with a view to making funds available to a payee through a PSP, irrespective of whether the payer and the payee are the same person;

transfer of funds is synonymous with “1151 Transfer of Funds” for funds being transferred from the BLM allocation account to the allocation accounts of other federal agencies under the “parent child” relationship established by the BLM and OMB. Such funds are transferred in accordance with the Transfer Process approved in this Agreement.

transfer of funds. In cases where Customer sets up a managed account, CM may deduct its fees prior to transferring Customer the crowdfunded monies. To the extent that CM does not or is unable to deduct its fees, Customer shall transfer CM said fees within 14 business days of receipt of an invoice. In cases where Customer does not set up a managed account, and CM receives and holds the crowdfunded monies on Customer’s behalf, CM shall transfer Customer its funds, minus CM’s fees and any credit card processing fees, within 14 business days of the campaign’s completion. CM may retain up to 13% of Customer’s funds for an additional period of 90 days to cover the cost of any disputed credit card charges by Customer’s donors. CUSTOMER INITIALS

transfer of funds means any transaction carried out on behalf of a payer through a payment service provider, either by electronic means or by other means such as cash, cheques or accountancy orders, with a view to making funds available to a payee at a payment service provider, irrespective of whether the payer and the payee are the same person. The terms payer, payee and payment service provider have the same meaning as in Regulation (EC) No 1781/2006.

transfer of funds means a transfer of funds within the meaning of point (9) of Article 3 of Regulation (EU) 2015/847.

transfer of funds. The member may transfer funds to the checking account from a separate account by telephone request, or such transfers may be made automatically to pay overdrafts if the member establishes a separate agreement for overdraft protection.