Requested Execution Date definition

Requested Execution Date means the Business Day of Execution by the Collecting Bank of the direct debit transactions contained in a DDTR sent by the Creditor's Bank. The Requested Execution Date in field 30 of the MT 104 message received by the Collecting Bank shall be used to derive both the inter bank settlement date and the Due Date for all the direct debit transactions contained in the batch.
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Examples of Requested Execution Date in a sentence

  • Requested Execution Date This date corresponds to a date requested by an Originator for commencing the execution of the ICT Inst Instruction in accordance with section 4.2.2 of the Rulebook.

Related to Requested Execution Date

  • Agreement Execution Date means the date this Agreement has been fully executed and delivered by all parties hereto.

  • Execution Date means the date on which the parties execute and enter into this Agreement.

  • Formation Date has the meaning set forth in the Recitals hereof.

  • Inception Date means in respect of a Fund, the first date on which the Fund issued shares.

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.