Payer Bank definition

Payer Bank means the bank which digitally signed an e-Cheque created by its customer.
Payer Bank means the bank which digitally signed an e-Cheque created by its customer, as this term may be amended from time to time in accordance with the e-Cheque Drop Box Terms.
Payer Bank means a bank that is the drawee of a draft.

Examples of Payer Bank in a sentence

  • Each e-Cheque must be signed by the Customer (as payer) and by the Bank (as Payer Bank) with the Bank’s respective digital signatures in the sequence set by us, except that the payer's digital signature may not be required for an e-Cheque that is a cashier's order.


More Definitions of Payer Bank

Payer Bank means the bank which digitally signed an e-Cheque created by its customer. "RMB" means the lawful currency of Mainland China.
Payer Bank means the bank which digitally signed an e-Cheque created by its customer, as this term may be amended from time to time in accordance with the e-Cheque Drop Box Terms.2. Nature and scope of e-Cheque Services
Payer Bank means the bank which digitally signed an e-Cheque created by its customer, as this term may be amended from time to time in accordance with the e-Cheque Drop Box Terms.2. Nature and scope of e-Cheque Services2.01 The Bank may provide e-Cheque Services at its discretion. If the Bank provides e-Cheque Services to the Customer, the Customer may deposit e-Cheques. In order to use the e-Cheque Services, the Customer has to provide such information and documents and accept such terms and conditions which may be required or prescribed by the Bank and the Clearing House respectively from time to time. The Customer may also be required to sign forms and documents prescribed by the Bank from time to time.2.02 e-Cheque Deposit Services allow the Customer and other persons to present e-Cheques (whether payable to the Customer and/or any other holder of the Payee Bank Account) for deposit with the Bank (as Payee Bank), using the e-Cheque Drop Box Service offered by the Clearing House or using the Bank’s Deposit Channels, in accordance with Clause 3 below.2.03 The Bank has the right to set or vary from time to time the conditions for using the e-Cheque Services. These conditions may include the following (or any of them):
Payer Bank means the bank which digitally signed an e-Cheque created by its customer. 8.2 Nature and scope of e-Cheques Deposit Services
Payer Bank. The financial institution that a check or other negotiable instrument is drawn on.
Payer Bank has the meaning ascribed to i t in the e-Cheque Drop Box Terms; and
Payer Bank means the bank which digitally signed an e-Cheque created by its customer.10.3. 我們得依我們裁量提供電子支票交存服務。若我們向閣下提供電子支票交存服務,則閣下得交存電子支票。為能使用電子支票交存服務,閣下須提供、接受我們和結算所可能不時分別要求或規定之資訊、文件、條款和條件。閣下可能亦須簽署我們不時規定之表單與文件。We may provide e-Cheques Deposit Services at our discretion. If we provide e-Cheques Deposit Services to you, you may deposit e-Cheques. In order to use the e-Cheques Deposit Services, you have to provide such information and documents and accept such terms and conditions which may be required or prescribed by us and the Clearing House respectively from time to time. You may also be required to sign forms and documents prescribed by us from time to time. 10.4. 電子支票交存服務允許閣下及其他人根據下文第 10.7 至 10.13 條之規定,使用結算所提供之電子支票投放箱服務或使用我們之交存渠道,出示電子支票(不論其款項應付閣下和/或收款行帳戶之任何其他持有人)以存入我們(作為收款行)。e-Cheques Deposit Services allow you and other persons to present e-Cheques (whether payable to you and/or any other holder of the Payee Bank Account) for deposit with us (as Payee Bank), using the e-Cheque Drop Box Service offered by the Clearing House or using our Deposit Channels, in accordance with Clauses 10.7 to 10.13 below. 10.5. 我們得提供與以我們不時規定之貨幣(包括港元、美元或人民幣)簽發之電子支票有關之電子支票交存服務。We may provide e-Cheques Deposit Services relating to e-Cheques that are issued in any currency specified by us from time to time, including HKD, USD or RMB. 10.6. 我們有權不時設定或修改電子支票交存服務使用條件。該等條件得包括下述各項(或其中任何一項):We have the right to set or vary from time to time the conditions for using the e-Cheques Deposit Services. These conditions may include the following (or any of them):