Electronic Payment Order definition

Electronic Payment Order means an electronically created order, issued by a drawer, with the characteristics of a check other than being rendered initially in paper form.
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Examples of Electronic Payment Order in a sentence

  • Customer wishes to access Bank’s services by utilizing SnapCheck and ACHeck21 to create an image cash letter file or an ACH Entry or an Electronic Payment Order to Transmit to DCS for processing (“RDC Services” or “ACH” or “Services”).