Credit Write-Back definition
Credit Write-Back means an accounting transaction, being the reduction or elimination of a creditor balance within the IBA Account in favour of a counterparty (Client, (re)insurer or intermediary) to the extent such amounts are assessed by Heath Lambert Limited as not payable to the counterparty;
Credit Write-Back means an accounting transaction, being the reduction or elimination of a creditor balance within the IBA Account in favour of a counterparty (Client, (re)insurer or intermediary) to the extent such amounts are assessed by ▇▇▇▇▇ ▇▇▇▇▇▇▇ Limited as not payable to the counterparty;