Payer Account definition
Payer Account means where applicable, a bank account or other type of account held in the name of a Payer with a duly licensed financial institution in an Approved Jurisdiction, which is used to send funds into the Clearing Account (including via any virtual account provided by Nium or its Financial Partners);
Payer Account means any account(s) belonging to a Payer and approved by Eastern Caribbean Amalgamated Bank Ltd., in writing, for inclusion in the EFT Services provided to Customer.