Bill Payee definition
Bill Payee means a person designated by the Customer in accordance with the Account Mandate whose account is maintained in a credit institution in a SEPA country, and enabled by the Bank as a person to whom a Bill Payment can be made in accordance with the Bank’s procedures.
Bill Payee means a person or company designated by the Customer and enabled by the Bank as a person or company to whom a Bill Payment can be made;
Examples of Bill Payee in a sentence
If the payee is to be paid electronically (as indicated on the Bill Payee list), you understand and agree that the payee may not receive the payment up to 72 hours after the date the payment is debited from your account.