Source Account definition

Source Account means an account that has been registered with ▇▇▇▇ as:
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Source Account means the Account you have designated, from which funds are to be used for a fund transfer under the Fund Transfer Services or a payment under the Bill Payment Services. The Source Accounts designated for separate transactions may be different Accounts.
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Source Account means an account that has been registered with PEXA as:
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Examples of Source Account in a sentence

  • IB Brokerage Account (Automatic Cash Movement by IB; Limited Available Crypto Assets) If Client designates its Brokerage Account as its Payment Source Account, Client may enter orders to purchase digital assets for an amount (including commissions) not greater than the withdrawal limit (subject to any limitations on cash withdrawals under Regulation T and/or IB house initial margin requirements) in Client's Brokerage Account as of the time of the order (the "Cash Withdrawal Limit").

  • In case of dishonour of the Mandates for insufficiency of funds in the Source Account of the Borrower on which the Mandate is created, the Lender shall be entitled to initiate legal proceedings against the Borrower pursuant to Section 25 of the Payment and Settlement System Act, 2007 read in conjunction with Section 138 of the Negotiable Instruments Act, 1881.


More Definitions of Source Account

Source Account means the transactional account from where you may send funds to a wallet using FNB Cell phone Banking, FNB Online Banking, the FNB Banking APP.
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Source Account means, in respect of any Funds Transfer, the Account with the Bank that is to be debited with the funds to be transferred.
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Source Account means the actual account from which any new and/or future monies (excluding transfers from the existing providers) that are to be received into your Wealthtime Wrap will come.
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Source Account means the account maintained by the Sender with the Originating Institution which is identified by the Sender as the account to be debited with the amount specified in the IBFT Instruction.
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Source Account means an Account designated at the time of execution of this Agreement
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Source Account a securities account opened in IBERCLEAR in the name of the Provider of collateral, in which the ENTITY deposits securities for use as collateral in its financial trading. Triparty pledge account: an account opened in IBERCLEAR in the name of the ENTITY and pledged in favour of the Bank of Spain or other institution legally empowered to accept collateral through the pledged account, pursuant to the final paragraph of article
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Source Account means the account from which the capital/additional capital will be debited as authorised by you for the purposes of reinvestment; and
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