Foreign Payment definition

Foreign Payment means either:

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Foreign Payment means a payment which is made within the UK in a currency other than sterling, or a payment (in any currency) which is made to or from a bank which is not in the UK.

Foreign Payment means a payment that is made within Ireland in a currency other than euro, or a payment (in any currency) which is made to or from a bank that is not in Ireland;

Examples of Foreign Payment in a sentence

• Notwithstanding the fees or commissions of the Bank, fees and commissions for costs charged by the intermediary banks in the execution of Foreign Payment may be charged.

• Subject to the affirmative approval from Investec Exchange Control and in the event of the Client electing to confirm the exchange rate by itself, the Client has until the payment date to confirm the exchange rate of the Foreign Payment Instruction.

• For sales of the SURE CHECK® product made by SDS outside of the United States through the close of business on May 31, 2016, SDS shall pay Chembio an amount calculated in the same manner as the Foreign Payment.

• Should the Client fail to do so upon the payment date, Investec will confirm the exchange rate on behalf of the Client in its absolute discretion and shall process the Foreign Payment Instruction on the next business date.

• The Parties agree that with respect to sales of the HIV Barrel Product outside the United States, this Foreign Payment is the sole and total compensation to be received by SDS in the first instance and by Chembio in the latter instance, and the amount of the Foreign Payment replaces and supersedes any compensation to be received by SDS from Chembio or by Chembio from SDS, as the case may be, pursuant to the Three-Way Agreement for sales of this nature.

• The Client accepts that in order for Investec to process the Foreign Payment Instruction, it is required to make an Election and complete a mandatory BoP Form which shall be submitted to the SARB for regulatory reporting purposes.

• For sales of the SURE CHECK® product made by Chembio outside of the United States from July 1, 2014 through the close of business on May 31, 2016, Chembio shall pay to SDS an amount (the "Foreign Payment") equal to 30% of Chembio's Net Sales (as defined in the Three-Way Agreement), reduced by Costs (as defined in the Three-Way Agreement), as well as net of any third party payments for commissions from any sales.

• The Client acknowledges that it is required to fully authorise a Foreign Payment Instruction on the Investec Business Online platform prior to Investec processing the instruction.

More Definitions of Foreign Payment

Foreign Payment means an Order for a payment that may be used for (i) a payment made in a foreign currency sent to a bank abroad or (ii) a EUR payment to a bank outside the SEPA Area or (iii) a payment made in a foreign currency in the Slovak Republic, outside the Bank. A Foreign Payment may be made to the debit of a CZK current Account or a foreign currency current Account. The payments shall be settled (cleared) through reciprocal accounts of the payer and payee’s banks or, as the case may be, intermediary banks.

Foreign Payment. – means a payment which is made within the UK in a currency other than sterling, or a payment (in any currency) which is made to or from a bank which is not in the UK. ‘Guaranteed date’ – means the date after which it will no longer be possible for a cheque or other item paid into Your Account to be returned unpaid, unless You give Your consent as the Payee for this, or You are knowingly involved in fraud.

Foreign Payment means a cashless transfer of funds in foreign currency abroad or within the Slovak Republic and in EUR outside the SEPA Countries or within the SEPA Countries, if such transfer does not meet the requirements of a SEPA payment.

Foreign Payment means a payment that is made within Ireland in a currency other than euro, or a payment (in any currency) which is made to or from a bank that is not in Ireland; “GDPR” means the General Data Protection Regulation (EU) 2016/679;

Foreign Payment means a payment which is made within the UK in a currency other than sterling, or a payment (in any currency) which is made to or from a bank which is not in the UK; “Guaranteed Date” means the date after which it will no longer be possible for the cheque or other

Foreign Payment means a payment Order that can be used for (i) a payment in a foreign currency or CZK made abroad or (ii) a payment made outside the Bank in a foreign currency within the Czech Republic. The Foreign payment can be arranged to the debit of a current Account kept in CZK or in a foreign currency. Payments are cleared via the mutual accounts of the payer’s bank and the payee’s bank, or also via a mediating bank.