Payment Infrastructure Provider definition

Payment Infrastructure Provider refers to a third party that forms part of the global payment system infrastructure, including without limitation communications, clearing or payment systems, intermediary banks and correspondent banks;

Payment Infrastructure Provider means a third party that forms part of the global payment system infrastructure, including without limitation communications, clearing or payment systems, intermediary banks and correspondent banks.

Payment Infrastructure Provider means any party that is part of the global infrastructure for payment systems, including communication, clearing and payment systems, and mediating and correspondent banks.

Examples of Payment Infrastructure Provider in a sentence

• You acknowledge that we will not be required to reimburse you for any amount withheld or deducted by a Payment Infrastructure Provider.

• The Client expressly agrees that a payment or transaction in relation to its account with the Bank does not have to be performed/executed, if such performance/execution would result in the violation of any Legal Regulation by the Bank, a Citigroup member, Payment Infrastructure Provider or any of its Service Providers.

• For U.S. Persons and those with U.S. Person indicators:• I agree that the Bank may block any payment or transaction on my account that will result in the Bank, any of its affiliates or its third party service provider, or any Payment Infrastructure Provider being in breach of any requirement under FATCA, any IGA, FFI Agreement, or similar domestic or foreign legal requirement or agreement.

• I acknowledge that the Bank will not be required to reimburse me for any amount withheld or deducted by a Payment Infrastructure Provider.

• The Client expressly agrees that a payment or transaction in relation to its account with theBank does not have to be performed/executed, if such performance/execution would result in the violation of any Legal Regulation by the Bank, a Citigroup member, Payment Infrastructure Provider or any of its Service Providers.

• The person who is issued a supplementary Card a third party selected by us or any Citigroup Organisation or Representative to provide services and who is not a Payment Infrastructure Provider.

More Definitions of Payment Infrastructure Provider

Payment Infrastructure Provider means a third party which forms part of a payment system infrastructure, including without limitation communications, clearing or payment systems, intermediary banks and correspondent banks; (viii) the term “person” means an individual, partnership, corporation (including a business trust), joint stock company, trust, unincorporated association, joint venture, limited liability company, a government or any political subdivision or agency thereof, or any other entity; (ix) “Representatives” means a person’s officers, directors, employees, agents, representatives, professional advisers and Third Party Service Providers; (x) “Requirement” means any applicable law, or applicable regulation, or request or requirement of any legal, governmental, regulatory, stock exchange, clearing house, self-regulatory body or other authority (such legal, governmental, regulatory, stock exchange, clearing house, self-regulatory body or other authority shall hereinafter be referred to as “Authorities”), or agreement entered into by Citibank and any Authorities or between two or more Authorities (such law, regulation or Authorities may be domestic or foreign); (xi) “Sanctions” means economic, trade or financial sanctions, requirements, or embargoes imposed, administered, or enforced from time to time by any Sanctions Authority; (xii) “Sanctions Authority” means Malaysia (including Bank Negara Malaysia and the Strategic Trade Controller appointed pursuant to the Xxxxxxxxx Xxxxx Xxx 0000 of Malaysia), the United States (U.S.) (including the Office of Foreign Assets Control of the U.S. Department of the Treasury and the U.S. Department of State), the United Kingdom (including Her Majesty’s Treasury), the European Union and any E.U. member state, the United Nations Security Council, and any other relevant sanctions authority; (xiii) “Sanctioned Jurisdiction” means, at any time, a country or territory that is, or whose government is the subject of Sanctions; (xiv) “Sanctioned Person” means, at any time, (a) any person listed in any Sanctions related list maintained by any Sanctions Authority,

Payment Infrastructure Provider means a third party which forms part of a payment system infrastructure, including without limitation communications, clearing or payment systems, intermediary banks and correspondent banks; (viii) the term “person” means an individual, partnership, corporation (including a business trust), joint stock company, trust, unincorporated association, joint venture, limited liability company, a government or any political subdivision or agency thereof, or any other entity; (ix) “Representatives” means a person’s officers, directors, employees, agents, representatives, professional advisers and Third Party Service Providers; (x) “Requirement” means any applicable law, or applicable regulation, or request or requirement or decree of any legal, governmental, regulatory, stock exchange, clearing house, self-regulatory body or other authority (such legal, governmental, regulatory, stock exchange, clearing house, self-regulatory body or other authority shall hereinafter be referred to as “Authorities”), or agreement entered into by Citibank and any Authorities or between two or more Authorities (such law, regulation or Authorities may be domestic or foreign); (xi) “Sanctions” means economic, trade or financial sanctions, requirements, or embargoes imposed, administered, or enforced from

Payment Infrastructure Provider means a third party that forms part of the global payment system infrastruct ure, including without limitation communications, clearing or paym ent systems, intermediary banks and correspondent banks.