Sentences with phrase «electronic debit»
"Electronic debit" refers to a process where money is electronically taken from one's bank account to pay for a purchase or expense. Instead of using physical cash or writing a check, the payment is made digitally using a debit card or through an online transaction. Full definition
Also, look for any discounts offered for electronic debit payments.
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The holder of a checking account can also use electronic debit cards or ATM cards to access their individual accounts and make payments or take out cash withdrawals.
Virginia stated, «The fact that the ACMS executes a separate electronic debit from the lawyer's bank account for its «marketing fee» following the firm's electronic deposit of the full legal fee to the lawyer's bank account does not change the ethically impermissible fee - sharing character of the transaction.»
Protect your accounts from unauthorized electronic debits with ACH Debit Filter and Block.
Some, like Exxon Mobil, do exactly what they claim: they charge nothing to set up an account, and they allow investors to make check or electronic debit purchases free of charge.
No matter which account you choose, you enjoy free electronic debit card and credit card transactions, a Business Rewards Debit Card, and the attentive service and support you need to do your business banking with ease.
If you're under 18, or don't have ID or a bank account that accepts electronic debits as well as credits, these situations must be repaired before approval is going to be possible.
After you've setup your account for electronic debiting you can begin making one - time or recurring monthly payments.
Any notice or disclosure regarding an account, product or service fee, such as a late fee, an overdraft fee, an overlimit fee, a fee for a draft, check or electronic debit returned for any reason, such as insufficient funds fee or a fee as a result of a stop payment order;
Distinct from savings accounts, checking accounts will permit you to write checks and even utilize electronic debit to get your funds inside the account.
Statements are monthly when your account has electronic debit activity or online transfers; otherwise you will receive quarterly statements
You can authorize AmeriCU Credit Union to initiate electronic debits drawn on your AmeriCU account on the due date shown on my AmeriCU Credit Card monthly statement.
With ACH Debit Block, we can block ALL debits from your accounts, giving you the comfort in knowing your accounts are safe from unauthorized electronic debits.
Some of these firms, like Dr. Pepper, charge $ 15 to initiate the DRIP plan, and then all cash or electronic debit purchases are free thereafter.
Cardholders can setup their personal checking account for manual payments each month and pay their credit card bill via electronic debit.
The proposed CPS district - wide Point - of - Sale System is a software suite that will allow students to pay for meals using an electronic debit card, eliminating the need for students to carry cash.
Regardless of when the loan is due, lenders usually require that you either write a post-dated check for the full amount due or provide your bank account information and authorize an electronic debit payment on the due date.
When the loan is due, the lender will either deposit the paper check or make an electronic debit from your account to be repaid.
As part of the re-payment process, you have the option to enroll in the Electronic Debiting Account (EDA) repayment method.
The idea is that, on certain accounts, it would be possible to restrict the electronic debit of funds.
1 * Basic transactions include checks paid, teller deposits, ATM deposits, deposited items, and ACH items (electronic debits and credits not originated by customer, Santander Check Deposit Link batch deposits, Santander Check Deposit Link items processed, and Santander Check Deposit Link ACH converted transactions).
* Basic transactions include checks paid, teller deposits, ATM deposits, Money Center deposits, deposited Items, and ACH items (electronic debits and credits not originated by customer).
Whether it is checks or electronic debits, Positive Pay will help you control and manage transaction parameters before it posts to your business accounts.
Each electronic debit will be the same as if it were a withdrawal drawn on your AmeriCU checking or savings account and will need to be personally signed by you.
The voucher could be issued in the form of an electronic debit card that could be used to buy energy - saving supplies, appliances, and weatherization retrofits that have been approved as cost effective by the EPA's Energy Star program.
An electronic debit isn't seen as «real money» until the credit card statement arrives.