Sentences with phrase «excess funds in the account»

When many Paypal users recommend you never leave any excess funds in your account because you never know when Paypal might seize it, that raises a huge red flag as well.

The excess funds in these accounts are referred to as the FCM's residual interest and the funds are for the exclusive benefit of the FCM's customers while held in these accounts.

Not exact matches

Sullivan uses only two computer - based services — automatic payroll and a «sweep» account that invests excess funds in an interest - bearing account at the end of each business day — and those services are better described as mid-tech than high - tech.

Excess liquidity, as reflected in the rise of highly leveraged hedge fund accounts, has been widely seen as a major factor in the rise of the stock market in the recovery since 9/11.

Little did anyone know that what Peter Obi called cash - in - hand were basically investment in stocks, bonds and other non-performing equities arranged by Obi in his final days in office; long - term uncompleted assets that will not earn cash until they are completed; various sums spent in rehabilitating federal roads in the State for which re-imbursements may come in the distant future; computation of the State's share of the Excess Crude Account contributed as capital to the Nigerian Sovereign Wealth Fund in 2010, etc..

If at any time during the fiscal year it appears, from cash flow projections or other generally accepted accounting principles, that the revenues available, as projected through the end of the fiscal year, will be insufficient to meet either (a) the amounts appropriated, or (b) expenses anticipated to be incurred through the end of the fiscal year, such that the cumulative effect thereof is a projected year - end deficit in excess of fifty percent of the County's undesignated, unreserved fund balance as of the end of the immediately preceding fiscal year, the County Executive or the Comptroller shall submit a report to the Legislature setting forth the estimated amount of the deficit with appropriate details and explanations.

The first requires that any annual surplus in the Special Transportation Fund above a certain level be transferred to a new «transportation excess revenue account» that the DOT commissioner would be authorized to spend on transportation projects, subject to the approval of the secretary of the Office of Policy and Management.

A Horace Mann charter school shall not expend or incur obligations in excess of its budget request; provided, however, that a Horace Mann charter school may spend federal and state grants and other funds received independent of the school district not accounted for in the charter school's budget request without prior approval from the superintendent or the school committee.

The reverse is also possible, where the exchange funds the account where the investor has margins in excess of the required amount.

For deposits made by check or electronically after the first 30 days after account opening, in excess of $ 5,000, funds will be held for 10 business days from the effective date of the deposit.

If you don't like keeping excess funds in your checking account, it does not make sense to pay a premium to bank with an institution that charges you for moving money around.

When your checking account is presented with a check for payment in excess of your balance, funds are advanced to your account in $ 100 increments up to your available credit line.

If excess funds are available in sub accounts, an automatic transfer will be initiated to transfer funds back to the master account.

But for people who save more than they spend, a natural ambition is to invest excess funds in some sort of trading account rather than let them languish at near zero percent interest rates.

I don't want to keep the excess money i.e. Rs3, 50,000 ideally (after emergency fund) in my salary account as this will only get 4 % interest.

To comply with Regulation 1.22 and 22.2 (d), an FCM is permitted pursuant to Regulation 1.23 to maintain excess funds in the customer segregated and secured amount accounts and is permitted pursuant to Regulation 22.2 (e)(3) to maintain excess funds in the cleared swaps customer collateral accounts.

What FDIC insurance does not cover: any of the above in excess of $ 250,000 in a single bank, non-bank money market accounts, investment securities (stocks, bonds, mutual funds, ETF's, etc) or the contents of safe deposit boxes.

This circumstance could lead to the unusual situation of an ODSP recipient potentially being terminated from ODSP in the month that he or she purchased a home, and then being re-approved for ODSP once the excess funds were no longer present in the injured person's bank account.

But generally, ODSP did not allow those on ODSP to use their pain and suffering settlement funds in excess of $ 100,000.00 to purchase a home or a car, as to do so would require the recipient to have more than the $ 100,000.00 exemption in his or her bank account — even if the money was going to be used immediately to purchase a mortgage on a home.

In this context, the court reviewed the following «Relevant Charges» — unpaid item charges, paid item charges, overdraft excess charges and guaranteed paid item charges — levied by the Banks either where there are insufficient funds in an account or where a payment is not covered by an arranged facilitIn this context, the court reviewed the following «Relevant Charges» — unpaid item charges, paid item charges, overdraft excess charges and guaranteed paid item charges — levied by the Banks either where there are insufficient funds in an account or where a payment is not covered by an arranged facilitin an account or where a payment is not covered by an arranged facility.

Your funds are deposited into a trust account from which your monthly payment is then made, and the excess funds then remain in the trust account until enough has accrued to make the additional payment which will then be paid to reduce your principal.