Eligible Transaction Account Types Sample Clauses
The 'Eligible Transaction Account Types' clause defines which types of accounts can be used to initiate or receive transactions under the agreement. Typically, this clause specifies criteria such as account ownership, account status (e.g., active, in good standing), and may list acceptable account types like checking, savings, or certain business accounts. By clearly outlining which accounts qualify, the clause ensures that only appropriate and authorized accounts are involved in transactions, thereby reducing the risk of errors or unauthorized activity.
Eligible Transaction Account Types. ▪ Eligible checking, savings, and money market accounts held by you at East West Bank, if access is available through our Online Banking Services. Your eligible East West Bank account(s) will be auto-enabled for the Mobile Deposit Service when you choose to access the feature in the Online Banking Service. ▪ Account must meet our ownership and processing criteria at the time the Mobile Deposit is requested.
Eligible Transaction Account Types. ▪ Eligible checking, savings, and money market accounts held by you at East West Bank, if access is available through our Online Banking Services. ▪ Checking, savings, money market checking, and money market savings accounts held at a financial institution or credit union in the United States that are able to accept ACH transfers. ▪ Investment and brokerage accounts held at other institutions. Your eligible East West Bank account(s) will be auto-enabled for the External Transfer Service. All of your external accounts will be required to complete our Account Verification process. ▪ As applicable, the accounts must meet our and the other financial institution’s ownership and processing criteria at the time the External Transfer is requested.
Eligible Transaction Account Types. ▪ Eligible checking, savings, and money market accounts held by you at East West Bank, if access to the External Transfer Service is made available to the account through our Online Banking Services. ▪ Checking, savings, money market checking, and money market savings accounts held at a financial institution or credit union in the United States that are able to accept ACH and other designated Payment Network transfers (as applicable). ▪ Investment and brokerage accounts held at other institutions in the United States that are able to accept ACH and other designated Payment Network transfers (as applicable). Your eligible East West Bank account(s) will be auto-enabled for the External Transfer Service. All of your external accounts will be required to complete our Account Verification process. ▪ As applicable, the accounts must meet our and the other financial institution’s ownership and processing criteria at the time the External Transfer is requested.
Eligible Transaction Account Types. Velo Premier Checking Account Checking, savings, money market checking, and money market savings accounts held at a financial institution or credit union in the United States that are able to accept ACH transfers. Investment and brokerage accounts held at other institutions. Your eligible Velo by East West Bank account(s) will be auto-enabled for the External Transfer Service. All of your external accounts will be required to complete our Account Verification process. Account must meet our ownership and processing criteria at the time the Internal Transfer is requested.
Eligible Transaction Account Types. ▪ Eligible checking, savings, and money market accounts held by you at East West Bank, if access is available through our Online Banking Services. ▪ Checking, savings, money market checking, and money market savings accounts held at a financial institution or credit union in the United States that are able to accept ACH transfers. ▪ Investment and brokerage accounts held at other institutions. Your eligible East West Bank account(s) will be auto-enabled for the External Transfer Service. All of your external accounts will be required to complete our Account Verification process. ▪ Account must meet our ownership and processing criteria at the time the External Transfer is requested.