Examples of Remittance Services in a sentence
If the AUSTRAC CEO is of the opinion that the consequences of keeping a person’s name and registrable details on the Register of Providers of Designated Remittance Services (Register) constitute an unacceptable money laundering or terrorism financing risk, the AUSTRAC CEO may remove the person’s name and registrable details from the Register.
At what cost?A regulatory regime that reflects the emphasis of the CPSS/ World Bank General Principles for International Remittance Services on promoting competition among remittance service providers and proportionate regulation in relation to risk can result in lower cost international remittances for the often poor customers seeking to make small-value transfers.
In addition, any available pool of shares under prior option plans, including any additional options that may return to such pool in connection with the termination of options granted under such prior option plans but not exercised prior to their termination, will be made available for future grants under the Plan.
Part XII sets out the terms and conditions relating to the Remittance Services.
In the ongoing work of the Joint World Bank–CPSS Retail Forum on retail payment systems, consider adapting the General Princi- ples on International Remittance Services as guidance for retail payment instru- ments and services generally.