Banking Instructions Clause Samples
The Banking Instructions clause sets out the procedures and requirements for handling financial transactions between the parties, such as payments, transfers, or deposits. It typically specifies the designated bank accounts, acceptable payment methods, and any necessary reference information to ensure funds are correctly routed. By clearly outlining these details, the clause helps prevent misdirected payments, reduces administrative errors, and ensures that all parties have a shared understanding of how and where financial transactions should occur.
Banking Instructions. 10.1. The Individual Specialist should confirm below mentioned banking instructions for any payments arising from the present contract: Name of the Bank: Address of Bank: Name of the Account Holder: Number of Account: IBAN Number: SWIFT Address:
10.2. Only one banking instruction is allowed in any one contract.
Banking Instructions a. Of Contracting Party - An officer or representative of the Contracting Party authorized to provide banking instructions shall notify Exchange of the Contracting Party’s banking information and hereby represents and warrants that such information is accurate and current. Exchange is entitled to accept this information via email or other electronic communication, all in accordance with this Agreement and Exchange’s stated policies.
b. Of Exchange - An officer of Exchange authorized to provide banking instructions shall notify the Contracting Party of Exchange’s banking information by posting the banking information on its website for access by all Contracting Parties.
Banking Instructions. The Company shall have implemented into its official bank instructions the approval procedures set forth in Section 8.7 of the Shareholders Agreement.
Banking Instructions b. Of Exchange - An officer of Exchange is authorized to provide banking instructions shall notify the Contracting Party of Exchange’s banking information by posting the banking information on its website for access by all Contracting Parties.
Banking Instructions. Payments shall be made to the Service Provider using the following banking information: Bank Name xxxxx Bank Routing Sort Code and/or Branch Code xxxx Exact Bank Account Holder Name (account must be held in the name of the Service Provider, FAO cannot make payments to third parties) Česká zemědělská univerzita v Praze Account Number xxxxx Swift/BIC Code ▇▇▇▇▇▇▇▇▇▇▇ IBAN xxxxx Account Currency CZK Bank Address (physical address, no PO boxes) Budějovická ▇▇▇▇/▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇ ▇ Bank City Prague Bank Country Czechia Intermediary Bank Details (if applicable) NA The Service Provider warrants that the following information is true and correct and acknowledges its notification obligations pursuant to Section 14.02 of Annex A. Full Name of Service Provider (as Legally Registered) Czech University of Life Sciences Prague (CZU) FAO Supplier Number (if known) 385698 Other Trading Name(s) of Service Provider (if applicable) NA Address Line ▇ ▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇-▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ Address Line 2 NA Address Line 3 NA City Prague Postal Code 165 00 State Czechia Country Czechia Email Address xxxxx Website ▇▇▇.▇▇▇.▇▇ Telephone Number (incl. country and area code) +▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇ Fax Number (incl. country and area code) NA