Single credit definition

Single credit means fund transfer consisting only of 1 (one) fund Settlement instruction to be transferred to the Fund Settlement Account of a beneficiary Sistem BI-RTGS Participant, for the interest of the beneficiary Sistem BI-RTGS Participant and the interest of the fund beneficiary specified in the fund Settlement instruction.

Examples of Single credit in a sentence

  • Short-term liquidity loan 158,000,000.00 Single credit ceiling II.