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preauthorized payment

См. также в других словарях:

  • preauthorized payment — Accelerating cash inflows by directly charging a customer s bank account with permission. Bloomberg Financial Dictionary …   Financial and business terms

  • Preauthorized electronic debits (PADs) — Debits to its bank account in advance by the payer. The payer s bank sends payment to the payee s bank through the ACH)Automated Clearing House ( ACH) system. The New York Times Financial Glossary …   Financial and business terms

  • preauthorized electronic debits — ( PAD) debits to a bank account in advance by the payer. The payer s bank sends payment to the payee s bank through the Automated Clearing House ( ACH) system. Bloomberg Financial Dictionary …   Financial and business terms

  • Overdraft — I warn you, Sir! The discourtesy of this bank is beyond all limits. One word more and I I withdraw my overdraft! Cartoon from Punch Magazine Vol. 152, June 27, 1917 An overdraft occurs when money is withdrawn from a bank account and the… …   Wikipedia

  • Automated Clearing House — (ACH) is the name of an electronic network for financial transactions in the United States. ACH processes large volumes of both credit and debit transactions which are originated in batches. Rules and regulations governing the ACH network are… …   Wikipedia

  • Commercial mortgage — Finance Financial markets Bond market …   Wikipedia

  • Bank — For other uses, see Bank (disambiguation). Banker and Bankers redirect here. For other uses, see Banker (disambiguation). Banking …   Wikipedia

  • Concord EFS, Inc. — Concord EFS, Inc. was a major corporation that provided ATM, credit card, debit card, and payroll processing services.[1] On February 26, 2004 Concord merged with First Data. A Brief History of ConcordEFS Concord EFS, Inc., based in Memphis,… …   Wikipedia

  • Demand draft — A demand draft A demand draft, also known as a remotely created check, a tele check, or check by phone, check by fax or echeck, is a check created by a merchant with a buyer s checking account number on it, but without the buyer s original… …   Wikipedia

  • Transaction deposit — In the United States transactions deposit is a term used by the Federal Reserve for checkable deposits and other accounts that can be used directly as cash without withdrawal limits or restrictions. They are the only bank deposits that require… …   Wikipedia

  • Federal Duck Stamp — Federal Duck Stamp, signed by hunter as required for legal use The federal duck stamp was created through a wetlands conservation program. President Herbert Hoover signed the Migratory Bird Conservation Act in 1929 to authorize the acquisition… …   Wikipedia

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