Third Party Payment Instrument definition

Third Party Payment Instrument means payment made through an instrument issued from a bank account other than that of the first named applicant/ investor mentioned in the application form. In case of payment instruments issued from a joint bank account, the first named applicant/ investor must be one of the joint holders of the bank account from which the payment instrument is issued to consider the payment as a non- Third Party Payment.
Third Party Payment Instrument means payment made through an instrument issued from a bank account other than that of the first named applicant/ investor mentioned in the application form. In case of payment
Third Party Payment Instrument means payment made through an instrument issued from a bank account other than that of the first named applicant/ investor mentioned in the application form. In case the payment is made from a joint bank account, the first holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made. However this restriction will not be applicable for payment made by a guardian whose name is registered in the records of Mutual Fund in that folio.

More Definitions of Third Party Payment Instrument

Third Party Payment Instrument means payment made through an instrument issued from abank account other than that of the first named applicant/ investor mentioned in the application form. In
Third Party Payment Instrument means payment made
Third Party Payment Instrument means payment made through an instrument issued from abank

Related to Third Party Payment Instrument

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • Payment Instruction is as defined in Section 36 of the General Terms, and is further defined as the information provided by you to the Service for a bill payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Scheduled Payment Date).

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.