Sentences with phrase «account at the financial institution»

Moreover, and perhaps more importantly from a central banker's perspective, these Internet payment methods remain tied to existing payments systems involving the transfer of balances among accounts at financial institutions.
Money transfers between accounts are seamless and quicker, compared with transferring funds from one account at a financial institution to another somewhere else.
A pre-authorized debit (PAD) is a withdrawal from your account at a financial institution (FI) that is initiated by a company or an FI that has your authority to do so.
Many shop, have jobs, pay bills, are eligible for tax refunds if they file, have accounts at financial institutions, make car payments, pay car insurance — and most importantly, college - bound students are preparing to make a student debt choice.
How do you open an account at a financial institution?
About one in 10 U.S. households use a prepaid debit card, with half of those households considered to be either unbanked or underbanked — the latter being defined as having one account at a financial institution but also using alternative financial products.
With an ACH Auto Deduction, you authorize us (GECU) to electronically collect your loan payment from a checking or savings account at another financial institution.
Make a loan payment or savings deposit using a debit card from your account at another financial institution.
Automatically make your monthly payment from any chequing or savings account at any financial institution in Canada.
To set up your loan to receive recurring payments from a savings or checking account at another financial institution, please complete this form and return it to any ETFCU location.
If the property consists of cash or other financial assets (such as stocks and bonds), a common method is to open a custodial account at a financial institution such as a bank, brokerage firm or mutual fund company with a designation something like this:
Plus you can also have a team of specialists monitoring your account at financial institutions that offer this level of service.
The minimum deposit to open an account at some financial institutions can range from $ 25 to $ 100 — or higher depending on the type of account.
Make loan payments online via Credit or Debit card, or directly from your savings or checking account at another financial institution!
You can transfer funds from an existing SDCCU account, with your credit or debit card or from a checking or savings account at another financial institution.
Payments can be made from your Business Chequing Account or Business Savings Account at any financial institution.
At this time only a transfer from a savings or checking account at another financial institution is allowed.
Open an RESP account at your financial institution before the child turns seven years old (or by February 28, 2014 for children born in January or February 2007).
Send money electronically to an account at another financial institution, either domestic or international.
Paying back a friend or family member is just as easy, too: Transfer money from your Bank of America account to their account at another financial institution by using a mobile number or email address.Footnote 6
Transfer money from your BB Americas account to your own account at another financial institution, directly on our Online Banking.
Research has shown those who cash checks and pay bills using check cashing and money order services will save an average $ 800 per year with an account at a financial institution.
Savings exceeding FDIC insurance limits for an individual can be extended by opening a jointly owned account in the same bank or by opening an account at another financial institution.
You agree that prior to placing a purchase order for securities, you will provide a valid and sufficient authorization to us for electronic funds transfers from an account at another financial institution (s) over which you have valid signatory authority and / or you will otherwise deposit sufficient funds with us on or before trade date.
However, my RRSP account at my financial institution is at $ 0.00.
For a more flexible investment option, consider opening an individual brokerage account at a financial institution.
Instead, you simply use an email address, cell phone number, or routing and account number to send money to their account at their financial institution.
Welcome to the online SIS External Loan Payment System, where you can make payments to your SIS loan from your account at another financial institution.
This can be in a checking, savings, investment, or even retirement accounts at any financial institution 5.)
Our Loan Payment Service is a way for online banking users to make payments to their Loan with us from a Funding Account at another financial institution.
The insured can choose to establish a health savings account at the financial institution of their choice or through one affiliated with their insurance company.
All contributions are pre-tax and generally go into an account at a financial institution picked by your employer.
Per your instruction, First IB will debit (withdraw funds from) your account at another financial institution and credit your First IB loan account.
The automatic deposit of payments to a checking or savings account at a financial institution.

Not exact matches

That's higher than the average offering for similar accounts at Canada's biggest financial institutions, said Wealthsimple's chief executive Michael Katchen.
Taking into account that banks and traditional financial institutions tend to not offer loans to cannabis businesses for the time being, many cannabis entrepreneurs fall back on family members and friends for seed capital — and this is probably the way to go at first.
But it is also worth noting that the NPP at its core is an infrastructure that facilitates clearing of payment messages between financial institutions and settlement of those obligations across accounts at the Reserve Bank.
In the last decade, the Bush Administration, seeking a Trojan Horse to privatize Social Security in the United States, applauded Chile's disastrous privatization of pension accounts (turning many over to US financial institutions) even as that nation's voters rejected the Pinochetistas largely out of anger at the vast pension rip - off by high finance.
«We found that a financial institution's asset size has a direct correlation to what it charges for overdraft fees — the larger the asset size, the heftier the fee to checking account holders,» Michael Moebs, CEO and economist at Moebs $ ervices, wrote in a release last month.
(The «Fed» controls the rate at which financial institutions lend money to one another overnight, and that rate — currently set at.25 to.5 percent — influences other short - term interest rates, including those for savings accounts.)
As of December 31, 2013 and 2014, cash and cash equivalents consisted of cash in bank deposits and money market accounts held at financial institutions.
Financial services group Nordea, which banned its employees from engaging in off - the - clock cryptocurrency trading earlier this year, said at the time that financial institutions often «restrict the personal account dealing of staff to prevent them taking positions in speculative investments, or which might expose them to a risk of financial loss and therefore impact their financial standinFinancial services group Nordea, which banned its employees from engaging in off - the - clock cryptocurrency trading earlier this year, said at the time that financial institutions often «restrict the personal account dealing of staff to prevent them taking positions in speculative investments, or which might expose them to a risk of financial loss and therefore impact their financial standinfinancial institutions often «restrict the personal account dealing of staff to prevent them taking positions in speculative investments, or which might expose them to a risk of financial loss and therefore impact their financial standinfinancial loss and therefore impact their financial standinfinancial standing.»
«In the short to medium term, Angola may have to struggle with a weakening current - account deficit, lower fiscal revenue and likely cuts in government spending,» says Abiola Rasaq, head of research and strategy at Lagos - based financial institution Associated Discount House.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
They already use money in an electronic form in the reserve accounts at the central bank that can be held only by banks and other designated financial institutions.
Qualified insurance plans (group or individual) allow individuals to open these accounts at a specific financial institution, and elect to have money automatically withheld from their paychecks before taxes, and deposited into the HSA, with annual contributions limits.
Last year, the member - owned network of banks and other financial institutions revealed a successful proof - of - concept aimed at reimagining the nostro - vostro accounts used by companies to store cash around the world, and in January, it signed an agreement with seven central securities depositories to evolve the way the centralized organizations might leverage blockchain.
An IRA is defined as an account set up at a financial institution that allows an individual to save for his or her retirement with tax - free growth or on a tax - deferred basis.
An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax - free growth or on a tax - deferred basis.
Unlike bank accounts or accounts at some other financial institutions, CTK are uninsured unless you specifically obtain private insurance to insure them.
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