Registered Payee definition
Registered Payee means any payee (which may be the Customer or a third person) nominated by the Customer as such to the Bank and stated in the Application Form or subsequently through written instruction(s), online registration(s) or other methods as prescribed by and accepted by the Bank from time to time to be the subject of BEA Online with such account details or identifiers as may be acceptable to the Bank provided that the Bank may at its option, cancel or suspend the provision of BEA Online in respect of any of the Registered Payees;
Registered Payee means any organisation or individual who has provided their payment details to enable payments to be made to them by the Bank’s customers using the Electronic Banking Services.