Payment Order definition

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 an instruction by a payer or payee to its payment service provider requesting the execution of a payment transaction;

Payment Order means any instruction by a payer or payee to his payment service provider requesting the execution of a payment transaction;

Examples of Payment Order in a sentence

• In the event that a Payment Order is received by us after 4 pm (Brussels time) on any Business Day, it shall be deemed to have been received by us on the following Business Day.

• In the event that you identify an error in a Payment Order, you should inform us immediately in any case no later than thirteen (13) months from the date you become aware of the error to notify us of it; after which time we will have no obligation to investigate or act upon your notification or provide a refund.

• We may treat an instruction generated or given through your use of the Services or given through any Third Party Provider as if it was an instruction given by you or an Authorised Party under this Agreement, and the resulting Payment Order and/or Order as authorised accordingly.

• At any time and from time to time (in our sole and absolute discretion), we may increase or otherwise enhance our security checks in relation to your General Client Account, any Payment Order and/or any Order made by you.

• We will let you know the amount of any fees we charge when you place or we process a Trade, an Order or a Payment Order (as applicable).

More Definitions of Payment Order

Payment Order means any instruction by the Payer or the Payee to the payment services provider requesting the execution of a payment transaction.

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 a credit transfer order, a liquidity transfer order or a direct debit instruction,

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

Payment Order means a valid instruction by the Client to us requesting the execution of a payment transaction.

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: