Issuer bank definition

Issuer bank means a bank that is the issuer of the shares held by a dissenter before the corporate action.
Issuer bank means the bank that issues covered bonds;
Issuer bank. A bank or other institution that is the issuer of a 3rd Party Card presented by a 3rd Party Cardholder in connection with any Transaction, and which has a licence agreement with a 3rd Party Card Scheme to issue one (1) or more 3rd Party Cards. "JCB" The payment processing system, network or association branded as such and offered by JCB Co., Ltd. (and/or any of its related companies and/or any company it authorises to use its symbols, logos and trade marks in respect of payment processing systems and/or related services) on which eNETS agrees to process payments for on behalf of Merchants. "LMS" A Loyalty Management System developed and owned by NETS which facilitates the online issuance and redemption of Loyalty Points and for the managing and tracking of Loyalty Points associated with NETS EFTPOS transactions, including but not limited to the configuration of loyalty rules, period of loyalty, redemption limits and Loyalty Points conversion rules. "Loss" Any and all losses (including any indirect, special or consequential losses or loss of profit), settlement sums, costs, damages, Claims, demands, actions, judgments, proceedings, penalties, fines, charges, fees, expenses of whatsoever nature (including but not limited to all legal costs or attorney's fees on a full indemnity basis) and other liabilities, whether foreseeable or not, incurred by a person. "Loyalty Points" Rebate/reward dollars, or such other Loyalty Program rebate points used to offset purchases in the Loyalty Program. "Loyalty Program" Parameters / rules for calculating the amount of Loyalty Points to be issued or redeemed in each Transaction, including loyalty rules, period of applicability, rebate conversion rules and such other terms and conditions that the holder of a Merchant Loyalty Card needs to fulfil to qualify for such Loyalty Points.

Examples of Issuer bank in a sentence

  • System should able to access NETC EGCS offline system to raise and track any disputes raised by Issuer bank as per the dispute life cycle.

  • This process is not strongly related to the POI payment transaction.7. The merchant claims payment by forwarding the transaction data and certificate, plus his own parameters (e.g. merchant identifier) to the Acquirer bank.8. The Acquirer bank sends this payment request to the Issuer bank detaining the Card- holder's account.9. The Issuer maps the payment request to one of its Cardholders, debits him and issues a payment notification (to be checked by the Cardholder for consistency).10.

  • If the tag id was present in the NETC exception list, Issuer bank is only liable for the transactions up to 20 minutes of adding the tag ids in the NETC exception list.

  • Bank counterparty risks For the Issuer, bank counterparty risk is that of counterparties in relation to (i) the opening and operating of the bank accounts of the Issuer and (ii) the administration and recovery of the home loans (prêts à l’habitat) receivables transferred by way of security (remis en pleine propriété à titre de garantie) in favour of the Issuer.

  • Payment scheme forwards the transaction advice request to respective Issuer bank.

  • This is the final status of the payment.Settled: Settlement of the transaction, acquirer bank has transferred the funds to the merchant’s bank account.Charged Back: The cardholder has disputed payment and Issuer bank has initiated a chargeback process.3DS confirmed: Intermediate status when 3DS flow is completed but payment is not processed further due to technical errors.* Authentication: A process whereby card Issuer assures that the presenter of the card is a valid card owner.

  • Types of Dis utes 2.1 Claims: Types of raised claims are: ▪ Cardholder with Issuer bank.

  • Subsequent to receipt of charge back from the Issuer bank through the said associations (as the case may be) the Settlement account of the Acquirer Bank with the concerned association is debited by them(association) with the charge back amount and same is remitted to the Issuer Bank and subsequently details of charge back are communicated to the Acquirer Bank by the association.

  • Second, our measures of Pell and non-Pell enrollment do not distinguish by residency status or undergraduate level.

  • The pass payment info message (Request Pay message with transaction type NON_FIN as defined in the technical specification document) is sent by the acquirer to the Issuer bank through the connecting host systems.


More Definitions of Issuer bank

Issuer bank. – shall mean the User account holding bank which is a member bank of NPCI.
Issuer bank means a bank that is the issuer of the shares held by a dissenter before the corporate action. 221.0706 Right to dissent. (1) MANDATORY DIS- SENTERS’ RIGHTS. A shareholder or beneficial shareholder may dissent from, and obtain payment of the fair value of his or her shares in the event of, any of the following cor-
Issuer bank means any Affiliate, office, branch, or agency of Bank of America, or any other Lender, which has agreed to issue and has issued one or more Letters of Credit at the request (such request to be made with the consent of the Company, which consent shall not be unreasonably delayed or withheld) of the Agent.
Issuer bank means any Person who issues a Letter of Credit and/or accepts a draft pursuant to the terms hereof.
Issuer bank means bank which issues Visa Infinite and Visa Signature card in India.
Issuer bank has the meaning set forth in Exhibit A.

Related to Issuer bank

  • Issuer has the meaning set forth in the preamble hereto.

  • Issuer Group is defined in Section 10.02(d).

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Issuers the collective reference to each issuer of any Investment Property.

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Custodial parent means a parent awarded custody by a court decree. In the absence of a court decree, it is the parent with whom the child resides more than one half of the calendar year without regard to any temporary visitation.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Issuing agency means an organization responsible for assigning a globally unique identifier to an enterprise, as indicated in the Register of Issuing Agency Codes for ISO/IEC 15459, located at http://www.aimglobal.org/?Reg_Authority15459.

  • Funding Agency means an organization or individual which provides facilities to receive and accumulate assets to be used either for the payment of benefits under a pension plan, or for the purchase of such benefits, provided such accumulated assets form a part of a pension plan established for the exclusive benefit of the plan participants and their beneficiaries. The fair market value of the assets held by the funding agency as of a specified date is the Funding Agency Balance as of that date.

  • Obligor on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.

  • Cash Manager means Royal Bank of Canada, in its capacity as cash manager under the Cash Management Agreement together with any successor cash manager appointed from time to time;