Common use of Execution Times Of Outward Payments Clause in Contracts

Execution Times Of Outward Payments. i. Provided that the Payment Order does not lack any necessary details or documentation as outlined below, when the Account Holder effects a Payment Order before 15:00 Central European Time (‘Cut- Off Time’) we will process the Payment Order on that same day. Payment Orders which are affected on a day which is not a Business Day or received after the Cut-Off Time, will be processed on the next Business Day.

Appears in 7 contracts

Samples: Payment Services Framework Contract, Payment Services Framework Contract, Payment Services Framework Contract

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.