Payment Order means an instruction of a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay, a fixed or determinable amount of money to a beneficiary if the following apply:
Payment Order means any instruction by a payer or payee to his payment service provider requesting the execution of a payment transaction;
Payment Order means an instruction by a payer or payee to its payment service provider requesting the execution of a payment transaction;
Examples of Payment Order in a sentence
Payment order of items - The law permits us to pay items (such as checks or drafts) drawn on your account in any order.
More Definitions of Payment Order
Payment Order means an instruction, issued by the Customer to the Bank, requesting the execution of a payment transaction.
Payment Order means a credit transfer order, a liquidity transfer order, a direct debit instruction, a PM to T2S DCA liquidity transfer order or a PM to TIPS DCA liquidity transfer order,
Payment Order means an instruction of a sender to a receiving bank, transmitted oral- ly, electronically, or in writing, to pay, or to cause another bank to pay, a fixed or deter- minable amount of money to a beneficiary if:
Payment Order means a credit transfer order, a liquidity transfer order or a direct debit instruction,
Payment Order means an instruction of a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay, a fixed or determinable amount of money to a beneficiary, provided that (1) the instruction does not state a condition to payment to the beneficiary other than time of payment; (2) the receiving bank is to be reimbursed by debiting an account of, or otherwise receiving payment from the sender; and (3) the instruction is transmitted by the sender directly to the receiving bank or to an agent, funds-transfer system, or communication system for transmittal to the receiving bank.
Payment Order means an instruction of a sender to a
Payment Order means any instruction by a payer or payee to his payment service provider requesting the execution of a payment transaction, including official transfer orders and remittance summons.