Common use of International Remittance Services Clause in Contracts

International Remittance Services. Any Application which involves a service that provides for: (i) an international (cross border) transfer of funds from a sender to a recipient,

International Remittance Services. Any Application which involves a service that provides for: (i) an international (cross border) transfer of funds from a sender to a recipient,, (ii) without an underlying sale or other bona fide commercial purpose for the transfer.