Common use of LISTED BENEFICIARY Clause in Contracts

LISTED BENEFICIARY. i. CCT is a bank-listed beneficiary at all the major banks. Clients should only be permitted to transact to CCT’s specified account via the bank’s listed beneficiary facility. Any attempts by the bank’s client to transact directly by means of inserting the CCT’s account number should be rejected and the client should be redirected to the bank’s listed beneficiary facility.

Appears in 4 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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