Common use of Non IBAN Reference Clause in Contracts

Non IBAN Reference. For non IBAN locations there may be country specific branch identifiers, such as: ABA - American Banking Association (USA) ACH - Automated Clearing House (also called “Direct Deposit”), which has 9 digits and is unique for each bank branch which participates in the ACH. (USA) BSB - Bank State Branch, which has 5 digits, is used in Australia and New Zealand. Transit Number - which has 9 digits, is used in Canada. IFSC - Indian Financial System Code, which has 11 alpha-numeric characters, is uniquely used in India to identify the bank branch. IFSC is a code used for various payment systems within the country. 05 Bank Name: Registered bank name as communicated to you by the bank.

Appears in 3 contracts

Sources: Research Contract, Research Contract, Research Contract