F
Good Faith
Good Faith: An attempt to resolve a dispute regarding a violation of the Association Bylaws and Rules by written communication,...
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Funds Transfer System
Funds Transfer System: A wire transfer network, ACH, or other communication system or clearing house or association of banks in...
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Funds Settlement Day
Funds Settlement Day: Any weekday, except holidays observed by the Federal Reserve Bank of Atlanta (STAR Southeast Switch and STAR...
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Funds Settlement Account
Funds Settlement Account: A Deposit Account maintained by a Processor or Member at a financial institution for purposes of Settlement...
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Funding Correction
Funding Correction: A payment made by Merchant Processors to a merchant to rectify an error made by Merchant Processors subsequent...
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Funding Account
Funding Account A non-specific account type in a STAR Transaction request when the Cardholder/Account Holder does not select the specific...
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Full Service Processing (FSP)
Full Service Processing (FSP): A relationship with a Bank whereby Merchant Processors provides a series of services on an outsourcing...
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Fulfillment
Fulfillment: The acquirer’s response to an issuer’s retrieval request for a sales draft. The acquirer supplies the issuer with the...
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