Beneficiary Bank definition

Beneficiary Bank means the bank, with which the Registered Beneficiary holds an account.
Beneficiary Bank means the Bank holding a bank account of the Receiver where the credit of the UPI instruction is received from the Payer to be executed either in real time basis or periodically with a settlement process.
Beneficiary Bank means the branch of the bank identified in a Payment Instruction where Customer maintains an account.

Examples of Beneficiary Bank in a sentence

  • Beneficiary Bank / Branch Name & address should be mentioned as ICICI Bank Ltd., Singrauli Branch, Plot No. 86, Opp.

  • Intending Bidder will get the Beneficiary details from e-tender portal with the help of Digital Signature Certificate and may transfer the EMD from their respective bank as per the Beneficiary Name and Account No., Amount, Beneficiary Bank Name (ICICI ) and IFSC Code and also e-procurement Ref.

  • Beneficiary name: Beneficiary account no.: Beneficiary Bank: Bank branch: SWIFT: IBAN: Bank address: References Please provide details of at least 3 client references whom NRC may contact, preferably from NGOs and UN agencies, for similar related works: Client/company name Contact person Phone Email Contract details (works, location, size, value, etc) 1.

  • Intending Bidder will get the Beneficiary details from e– tender portal with the help of Digital Signature Certificate and may transfer the EMD from their respective Bank as per the Beneficiary Name & Account No., Amount, Beneficiary Bank name (ICICI Bank) & IFSC Code and e–Proc Ref No. Earnest Money @2.00% of the estimated amount put to tender have to be submitted.

  • In case the successful bidder is a foreign company and wishes to submit Performance Security in the form of Bank Guarantee, the Bank Guarantee should be routed through the Beneficiary Bank to the end user bank.


More Definitions of Beneficiary Bank

Beneficiary Bank means the bank in India, with which the Registered Beneficiary holds an account.
Beneficiary Bank means the Bank with which the Beneficiary holds an Account.
Beneficiary Bank means the bank with which the Beneficiary holds an Account. “Branches” means Branches of ICICI Bank UK PLC in the United Kingdom.
Beneficiary Bank means the bank with which the Beneficiary holds an Account. “Charges” means the charges levied by us for use of the Service by you.
Beneficiary Bank means the bank identified in a Payment Order Instruction in which an account of the Beneficiary is to be credited pursuant to the order.
Beneficiary Bank or “Ultimate Beneficiary’s Financial Institution” shall mean the institution where the Beneficiary’s account is located.
Beneficiary Bank means the bank in the Relevant Country, with whom the Beneficiary holds an Account, and which has been so mentioned by the Registered User;