Each applicable BANK is authorized to charge the applicable DDA Account in accordance with the Reverse Wire provisions of this Agreement.REVERSE WIRE BANK is authorized to charge the DDA ACCOUNT in accordance with the ACH provisions of this Agreement.

• Dda Account Number
• Dda Account Bank
• Dda Accounting

Demand Deposit Account (DDA) The Bank establishes a primary DDA for each member upon membership approval. Apr 28, 2020 A demand deposit account (DDA) consists of funds held in a bank account from which deposited funds can be withdrawn at any time, such as checking accounts. DDA accounts can pay interest on a. The Developmental Disabilities Administration (DDA) has gathered resources and developed guidance to assist with the delivery of community-based services in response to the coronavirus disease (COVID-19) outbreak. Nov 30, 2019 A DDA is commonly called a transactional account, because of the numerous transactions it facilitates. It's typically designed as the account from which you pay your daily expenses and monthly bills. A DDA can have joint ownership, such as a checking account you share with your spouse.

By 5:00 PM (Eastern Time) of the business day following the business day the Escrow Agent has deposited a particular Conforming Payment into the Consolidated DDA Account on behalf of a person who is not eligible under Federal banking laws and Regulation D to hold a NOW account, the Escrow Agent shall transfer amounts corresponding to such Conforming Payment into the Escrow (Non-Eligible) Account.

On each Check Presentation Date, Disbursement Agent will disburse funds in the Disbursement Account to the DDA Account by 5:15 p.m. New York time, provided that (A) Disbursement Agent shall have performed the procedures set forth in Section 11(c) and all conditions to disbursement set forth therein shall have been satisfied; and (B) sufficient funds exist in the Disbursement Account (taking into account amounts required to be transferred from the related Wire-out Account pursuant to Section 11 (a)(ii)).

Dda Account Number

Dda Account Bank

Investors with respect to whom the Escrow Agent has deposited one or more Conforming Payments into the Consolidated DDA Account are referred to herein as “Purchasers”.

Dda Accounting

By 5:00 PM (Eastern Time) of the business day following the business day the Escrow Agent receives a Conforming Instrument or Conforming Wire Payment (collectively, “ Conforming Payments”) the Escrow Agent shall deposit the Conforming Payment into the Consolidated DDA Account.