Instant Bank Transfer definition

Instant Bank Transfer means a transfer in Euro, executed between payment service providers in the Single Euro- pean Payment Area (SEPA) and in accordance with the rules in the SEPA Instant Credit Transfer Rulebook (SCT Inst) as approved by the European Payment Council, from time to time.
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Examples of Instant Bank Transfer in a sentence

  • Payments received by TrustPay in favour of the Client shall be displayed on the Client’s Merchant or Payment Account at the latest by the end of the Business Day following Business Day on which the Instant Bank Transfer was received, if such Instant Bank Transfer is not in contradiction to TrustPay internal acceptance policy, generally binding laws and regulation or contrary to the agreed nature of the contractual relationship.

  • TrustPay reserves the right not to credit funds to the Client’s Merchant or Payment Account if it suspects that the relevant Instant Bank Transfer should not have been made in favour of the Client.

  • Instant Bank Transfer $3.95 per transfer of $99.00 or less (deducted from the transferor’s debit card account).

  • The Promotional Fee will apply to each Transfer to External Debit Card and each Instant Bank Transfer I make during the Promotional Period, subject to the conditions in these Promotional Terms.

  • Eligible IBG/Instant Transfer Customers will be entitled to enjoy fee waiver for any Interbank GIRO (“IBG”) and/or Instant Bank Transfer Fund (“Instant Transfer”) transactions for any fund transfer amount subject to the total interbank fund transfer daily limit (“collectively referred herein as Fee Waiver”) for twelve (12) months effective 17 July 2017 to 30 June 2018 (“Fee Waiver Period’’).

  • The Client is liable for damage caused to TrustPay due to fraudulent actions, incorrect use or misuse of the Instant Bank Transfer service provided in accordance with these GTC, including damages caused by persons whom it has enabled or not prevented access to the service, or Communication Channel.

  • To be eligible for the Promotional Fee, the following conditions must be met, at the time I make each Transfer to External Debit Card or Instant Bank Transfer: (i) My RHY Account must be open and active, (ii) My RHY Account must be in good standing, and (iii) I have used the Pay & Request Service.

  • TrustPay shall be entitled not to credit funds to the Client if such transaction is not in accordance with the law, in particular if money laundering or terrorist financing or the commission of another crime is suspected in the Instant Bank Transfer in question.

  • Changes in the fair value of monetary securities denominated in a foreign currency and classified as available-for-sale are analysed between trans- lation differences resulting from changes in amortised cost of the security and other changes in the carrying amount of the security.

  • HL Connect Users will be entitled to enjoy fee waiver for any Instant Bank Transfer Fund (“ Instant Transfer”) transactions for Credit Card/-i and Loan/Financing Payment for any fund transfer amount subject to the HL Connect Users’ total Instant Transfer fund daily limit (“collectively referred herein as Fee Waiver”) for three (3) months effective 1 October 2017 to 31 December 2017 (“Fee Waiver Period’’).

Related to Instant Bank Transfer

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Covered Bond or, as the case may be, Coupon; and

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.

  • 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.

  • Authorized Signatory means the designated person of the agency authorized to represent the agency in all matters pertaining to its Proposal. The designated person should hold the Power of Attorney duly authorizing him/ her to perform all tasks including but not limited to sign and submit the Proposal to participate in all stages of the RFP Process, to conduct correspondence for and on behalf of the agency, and to execute any document required to give effect to the outcome of the RFP Process;

  • Replacement Bank shall have the meaning provided in Section 1.13.

  • Authorised Signatory means, in relation to any Obligor, any person who is duly authorised and in respect of whom the Administrative Agent has received a certificate signed by a director or another Authorised Signatory of such Obligor setting out the name and signature of such person and confirming such person’s authority to act.

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the assignment agreement or Transfer Certificate which it executes on becoming a Party.

  • New York City Banking Day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in New York City;

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Authorized Signature means the signature of an individual authorized to receive funds on behalf of an applicant and responsible for the execution of the applicant’s project.

  • Area agency on aging means the same as that term is defined in Section 62A-3-101.

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • JPMorgan Chase Bank JPMorgan Chase Bank, N.A.

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • Licensed financial institution means a financial institution issued a license under this act.

  • international air transport means air transport that passes through the airspace over the territory of more than one State;

  • Approved Financial Institution means any bank approved by Exchange in accordance with its credit review procedures or policies;

  • Federal Reserve Bank of New York’s Website means the website of the Federal Reserve Bank of New York at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • Overnight Bank Funding Rate means, for any day, the rate comprised of both overnight federal funds and overnight Eurodollar borrowings by U.S.-managed banking offices of depository institutions (as such composite rate shall be determined by the NYFRB as set forth on its public website from time to time) and published on the next succeeding Business Day by the NYFRB as an overnight bank funding rate (from and after such date as the NYFRB shall commence to publish such composite rate).