occasional transaction means a transaction that is not carried out as part of a business relationship as defined in Article 3(13) of Directive (EU) 2015/849.
occasional transaction means any transaction other than a transaction carried out in the course of an established Business Relationship formed by a person acting in the course of financial or other business.
occasional transaction or “walk-in-transaction” means a transaction carried by or on behalf of a person who is not a customer; having relationship with the bank/DFI;
More Definitions of occasional transaction
occasional transaction means any transaction involving cash that is conducted by any person other than through an account in respect of which the person is a customer;
occasional transaction means any transaction or service carried out or provided by a subject person for his customer, other than a transaction or service carried out or provided within a business relationship, and includes the following:
occasional transaction means any transaction involving more than £10,000, carried out by the financial services business in question in the course of that business, where no business relationship has been proposed or established and includes such transactions carried out in a single operation or two or more operations that appear to be linked,
occasional transaction means any transaction involving cash that is conducted in a financial institution by any person otherwise than through an account in respect of which the person is the customer.
occasional transaction means a transaction that is carried out otherwise than as part of a Business Relationship, and is carried out as:
occasional transaction means a transaction which is not carried out as part of a business relationship;
occasional transaction means any transaction (whether a single transaction or series of linked transactions) other than a transaction carried out in the course of an established business relationship formed by a relevant person and, for the purposes of this definition, a business relationship is an “established business relationship” if it is formed by a relevant person where that person has obtained, or is required to obtain, under procedures established, maintained and operated in accordance with this Code, satisfactory evidence of identity of the person who, in relation to the formation of that business relationship, was the customer;