Common use of Acquiring Services Clause in Contracts

Acquiring Services. General Provisions on Acquiring Services 1. The terms used in this chapter have the following meanings: a) Acquiring - payment services provided by the Bank on the basis of the contract signed with the recipient, which include the receipt and processing of the payment transaction, as a result of which funds are transferred to the recipient.

Appears in 5 contracts

Samples: Banking Service Conditions, Banking Service Conditions, Banking Service Conditions

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