Payor Financial Institution means the United States Financial Institution ordered in an Item to make payment to the payee(s) named on the Item.
Payor Financial Institution the United States Financial Institution ordered in a Check to make payment to the payee(s) named on the Check.
Payor Financial Institution means the U.S. financial institution ordered in a Check to make payment to the payee(s) named on the Check.
Examples of Payor Financial Institution in a sentence
Payor Financial Institution: The United States Financial Institution ordered in a Check to make payment to the payee(s) named on the Check.
More Definitions of Payor Financial Institution
Payor Financial Institution means the United States Financial Institution ordered in an Item to make payment to the payee(s) named on the Item. • "Regulation CC" means 12 C.F.R. Part 229, as it may be amended from time to time.
Payor Financial Institution. Payor Financial Institution" means the United States Financial Institution ordered in an Item to make payment to the payee(s) named on the Item. Product "Product" means collectively the procedures, protocols, and software used by Credit Union and its licensors and contractors in connection with the electronic processing of Items, and includes without limitation the Services.
Payor Financial Institution means the U.S. financial institution ordered in a
Payor Financial Institution means the United States Financial
Payor Financial Institution means the United States Financial Institution ordered in a Check to make payment to the payee(s) named on the Check. Program means collectively the procedures, protocols, and software used by Xxxxx Bank and its licensors and contractors in connection with the electronic processing of Checks, and includes without limitation the Software and the Services. Regulation CC means 12 C.F.R. Part 229, as it may be amended from time to time. Services means the services described in Exhibit B to be provided by Xxxxx Bank, or an agent or designee of Xxxxx Bank, to enable Customer to process Checks digitally and through Substitute Checks. Software means that portion of the software developed, licensed and/or provided by Xxxxx Bank and its licensors for operation of the Program, that Xxxxx Bank delivers or provides to Customer hereunder.
Payor Financial Institution means the United States Financial Institution that is a payor bank for any Item.
Payor Financial Institution means the United States Financial Institution ordered in a Check to make payment to the payee(s) named on the Check. Regulation CC means 12 C.F.R. Part 229, as it may be amended from time to time. Service means collectively the procedures, protocols, and software used by Bank and its licensors and contractors in connection with the electronic processing of Checks, and includes without limitation the Software and the services described herein. Software means that portion of the software developed, licensed and/or provided by Bank and its licensors for operation of the Service, that Bank delivers or provides to Customer hereunder.