Customer Payment Instructions definition

Customer Payment Instructions means written payment instructions in form and substance approved by EDF made by ESCO or any Subsidiary of ESCO to its Customers or any other obligor of ESCO or any Subsidiary of ESCO directing such Customers or any other obligor of ESCO or any Subsidiary of ESCO to make all payments of Receivables, including without limitation advance payments, and refundable deposits directly to a ESCO Controlled Account, by check, ACH or wire transfer, and accepted by the Customer or any other obligor of ESCO or any Subsidiary of ESCO in writing or, if by credit card, to the applicable Credit Card Processor.
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Examples of Customer Payment Instructions in a sentence

  • The Customer wishes to implement an electronic interface to Riyad Bank to process Customer Payment Instructions to Beneficiaries inside and outside Saudi Arabia and to receive Electronic Bank Statements from Riyad Bank.

  • In the event that the Customer Payment Instructions are received lsesthan 3 Business Days prior to the scheduled payment date,ATB Financialmay placea hold immediately upon receipt of the Customer Payment Instructions.

  • The Customer is responsible for ensuring that there are sufficient funds in the account indicated in the Customer Payment Instructions to coevr the total amount of the outbound credit items at the time the hold is placed on such account.

  • ATB Financialwill debit the account indicated in the Customer Payment Instructions on the scheduled date for payment.