Destination Bank definition

Destination Bank means the Bank identified in a payment order in which payment to the payee in a credit transfer is to take place, or the payor’s Account in which a debit
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Destination Bank means the bank identified in a payment order in which either payment to the payee in a credit transfer is to take place or the payor's account in a debit transfer is held. It is the bank which is to receive the last payment order in a payment transaction. In a credit transfer the destination bank is the payee's bank. In a debit transfer the destination bank is the payor's bank.
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Destination Bank means a bank with which a Beneficiary maintains a Destination Account and which is registered with the NPCI as a APBS participantbank.
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Examples of Destination Bank in a sentence

  • However, the Destination Account will not receive funds until the required authorisations are received and finalised and then only after such further period as the Destination Bank requires to process the funds.

  • If the Destination Bank imposes charges for receiving the fund, you may choose to bear such charges yourself by authorising the Bank to direct debit your Account with the Bank (choosing “ours” on the Website) or instruct the Destination Bank to deduct the charges from the Destination Account (selecting “share” on the Website).

  • Destination Bank means the financial institution which holds the Destination Account.

  • A Debit Transfer is completed when the Destination Bank debits the Receiver’s Account as instructed in the Payment Order it received and has not reversed the debit and rejected the Payment Order until the end of the Banking Day.

  • Id. On January 12, 2016, Petitioner was seen for follow-up in the Hillsdale Neurology Clinic.

  • Participants in an in-house transfer are the Originator, a bank acting as both Originating and Destination Bank, and Receiver.

  • Upon the completion of a Debit Transfer the Destination Bank and each Receiving Bank that obtained payment from its own Receiving Bank becomes liable to its Sender in the amount of the Payment Order.

  • Where such Account does not exist or where so instructed, the Destination Bank is to advise the Receiver promptly of the availability of Funds in the Destination Bank’s hands and pay him or her as instructed.

  • Destination Bank means a financial institution specified by us, from time to time, on our website (at www.bankofchina.com/au) as permitted by us to be a Destination Bank for Funds Transfers using the Personal Internet Banking Services and includes the Bank.

  • Where a Bank authorizes a Third-Party Processor to receive Payment Orders sent to the Bank, a Payment Order received by the Third-Party Processor is deemed to have been received by that Bank acting as the Destination Bank.


More Definitions of Destination Bank

Destination Bank means a scheduled commercial bank with which a Beneficiary maintains a Destination Account and which is registered with the NPCI as a NACH participantbank.
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Destination Bank means the financial institution which holds the Destination Account.
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Destination Bank. Chase Manhattan Bank, New York ABA# of: (000000000) Name of Account: Royal Bank of Canada, New York Account#: (920-1-033363) THE SAKURA BANK, LIMITED Domestic Lending Office Eurodollar Lending Office THE SAKURA BANK, LIMITED Same 000 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxx Xxxxxx Addresses for Notices Same as Above Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxxxxx X. Xxxxx Payment Instructions Name of Bank where funds are to be transferred: Xxxxxx Guaranty Trust Company - New York ABA#: 0000-0000-0 Name of Account: The Sakura Bank, Limited - New York Branch A/C#: 000-00-000 THE SANWA BANK, LIMITED, DALLAS AGENCY Domestic Lending Office Eurodollar Lending Office THE SANWA BANK, LIMITED, Same DALLAS AGENCY 0000 Xxxx Xxxxxx 0000 X. Xxxxx Xxxxxxxx Xxxxx Xxxxxx, XX 00000 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxxx Xxxxx Address for Notices Same as Above Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxxxx Xxxxx Payment Instructions Via FED Wire/Corr. Bank: The Sanwa Bank, Limited, New York Branch City/State: New York, NY ABA# 000000000 In favor of: Sanwa Bank Dallas Ref.: Tyson Foods, Inc. SOCIETE GENERALE, SOUTHWEST AGENCY Domestic Lending Office Eurodollar Lending Office SOCIETE GENERALE, SOUTHWEST AGENCY 0000 Xxxx Xxxxxx Same Suite 4800 Dallas, TX 75201 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxx X. Xxxxxxx, III Address for Notices Same as Above Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxx Xxxxxxxx Payment Instructions Vis FED Wire/Corr. Bank: Societe Generale City/State: New York, NY ABA#: 000000000 In favor of: Tyson Foods, Inc. A/C#: 9001611 THE SUMITOMO BANK, LIMITED Domestic Lending Office Eurodollar Lending Office THE SUMITOMO BANK, LIMITED Same 000 Xxxx Xxxxxx Xxx Xxxx, XX 00000 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxxxx Xxxxx Address for Notices Same as Above Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxxxx Xxxxx Payment Instructions Xxxxxx Guaranty Trust Company of New York Account Number: 000-00-000 (The Sumitomo Bank, Ltd.) Routing Transit/ABA No: 000000000 Attention: Loan Operations SUNTRUST BANK, ATLANTA Domestic Lending Office Eurodollar Lending Office SUNTRUST BANK, ATLANTA 00 Xxxx Xxxxx Xxxx 00xx Xxxxx Xxxxxxx, XX 00000 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxxxx Xxxxxx Address for Not...
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Destination Bank means a bank registered with NPCI as per the Procedural Guidelines and which authenticates details of Your customer’s Bank Account held with the Destination Bank and approves the E-Mandate Registration Request in accordance with the Procedural Guidelines.
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Destination Bank shall have the meaning set forth in Section 11.2(a) hereof.
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Related to Destination Bank

  • Destination means any place where the Insured expects to travel to on his/her Trip other than Return Destination as shown on the travel documents.

  • Destination Point means the delivery point(s) on Carrier’s System where Product is delivered to Shipper, as such points are specified in Section III of this tariff.

  • F.O.B. Destination means goods are to be delivered to the destination designated by the user which is the point at which the user accepts ownership or title of the goods. Laws of New Mexico specifically prohibit acceptance of ownership of goods in transit. Any exception to F.O.B. Destination may cause a bid to be declared nonresponsive.

  • CIP (Destinations means Carriage and Insurance Paid up to named port of destination. Additionally the Insurance (local transportation and storage) would be extended and borne by the Supplier from ware house to the consignee site for a period including 3 months beyond date of delivery.

  • Return Destination means the place to which the Insured expects to return from his/her Trip as shown in the Application.

  • Host At Destination means the person with whom the Insured is sharing prearranged overnight accommodations in the host's home.

  • Open type traction battery means a type of battery requiring liquid and generating hydrogen gas released to the atmosphere.

  • Electrical protection barrier means the part providing protection against any direct contact to the high voltage live parts.

  • Development Location Point means a single point selected by the Applicant on the proposed Development site that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development. For a Development which consists of Scattered Sites, this means a single point on the site with the most units that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Delivery Location means the Supplier's premises or other location where the Services are to be supplied, as set out in the Order;

  • Common Language Location Identifier (CLLI means the codes that provide a unique eleven (11) character representation of a network interconnection point. The first eight (8) characters identify the city, state and building location, while the last three (3) characters identify the network component.

  • Routing Point means the location which a LEC has designated on its own network as the homing or routing point for traffic inbound to Exchange Service provided by the LEC which bears a certain NPA-NXX designation. The Routing Point is employed to calculate mileage measurements for the distance-sensitive transport element charges of Switched Access services. The Routing Point need not be the same as the Rating Point, nor must it be located within the Rate Center area, but must be in the same LATA as the NPA-NXX.

  • designated airline means an airline designated and authorized in accordance with Article 3 of this Agreement;

  • The final destination, where applicable, means the place named in the SCC.

  • Final Destination where applicable, means the place named in the SCC.

  • Retail location means a facility listed under NFPA 1124, 7.1.2.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Billing address means the location indicated in the books and records of the financial institution on the first day of the tax year or on a later date in the tax year when the customer relationship began as the address where any notice, statement, or bill relating to a customer's account is mailed.

  • Anchor location means the physical location from which:

  • Busy Line Verification (BLV means a service whereby an End User requests an operator to confirm the busy status of a line.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Automatic Location Identification (“ALI”) means a feature that provides the caller’s telephone number, address and the names of the Emergency Response agencies that are responsible for that address.

  • Transit village means a community with a bus, train, light rail,

  • Destination facility means a facility that treats, disposes of, or recycles a particular category of universal waste, except those management activities described in subparagraphs (a) and (c) of sections 273.13 and 273.33. A facility at which a particular category of universal waste is only accumulated, is not a destination facility for purposes of managing that category of universal waste.