Remittance Service definition

Remittance Service the payments service where funds are received from a Payer, without any payment account being opened in the name of the Payer or the Payee, for the sole purpose of transferring the corresponding amount to the Payee or another Payment Services Provider, who acts on behalf of the Payee and/or upon this service, such funds are received on behalf of and made available to the Payee,

Remittance Service means a domestic or international service, excluding the sale of a postal money order and an electronic funds transfer, where cash, cheques, other monetary instruments are sent from one location and a corresponding sum in cash or other monetary instruments is received by a designated recipient in another location by means of a communication, a message, transfer or through a clearing system in which the remittance service provider is a participant;

Remittance Service means a service that enables members of the public to send and/or receive funds transfers.

Examples of Remittance Service in a sentence

• When you utilize the Bank’s Health Care Remittance Service you represent and warrant that by entering into and engaging in the activities contemplated by this Agreement, including the Documentation, you are not in violation of and will not be violating any agreements with third parties, including but not limited to, contracts with payers and/or consents and directives of patients, or any federal or state laws.

• These Promotion Terms and Conditions are to be read in conjunction with the Bank’s Customer Terms, Remittance Service Terms, and the relevant products and/or programme terms (collectively, “ Other Terms”).

• RMB Remittance Service is subject to regulatory requirements applicable from time to time and verification by mainland Authorities and banks.

• If you want to remit funds more than GBP 3,000/=, you are required to submit an additional e-Cash Remittance Service Declaration Form which is duly completed and signed with the original signature (wet signature) to us.

• Refund amounts will not be adjusted to account for changes in the value of the Singapore Dollar against the converted currency from the time that the Remittance Service Transaction was submitted.

More Definitions of Remittance Service

Remittance Service means a financial service that accepts cash or other payment instruments (including e-money instruments) in one (1) location and pays a corresponding sum in cash or other form to a beneficiary in another location by means of a communication, a message, transfer

Remittance Service means the services of remitting funds from UK to India provided by Transferor under the terms and conditions of certain of the Transferring Accounts;

Remittance Service means a payment service where funds are received from a payer without any payment accounts being created in the name of the payer or the payee, for the sole purpose of transferring a corresponding amount to a payee or to other payment service provider acting on behalf of the payee and / or where such funds are received on behalf of and made available to the payee,

Remittance Service means a service where cash, cheques or other monetary instruments are sent by electronic transmission from one location and a corresponding sum in cash or monetary instruments is received by a designated recipient in another location by means of a communication, a message, by transfer or through a clearing system in which the remittance service provider is a participant;

Remittance Service means a service that enables customers to send and/or receive fund transfers;

Remittance Service means the cross-border remittance service provided by RLH that enables a User to remit funds to the User's designated Beneficiaries in the manner and subject to the terms and conditions set out in these General Terms.

Remittance Service means a financial service that accepts cash or other payment instruments (including e-money instruments) in one (1) location and pays a corresponding sum in cash or other form to a beneficiary in another location by means of a communication, a message, transfer or through a clearing network to which the money transfer service belongs;