Bank Mandate definition
Examples of Bank Mandate in a sentence
The Bank is hereby authorised to act on any information given by two Directors or by one Director and the Secretary of the Mortgages Trustee regarding any changes to Schedule 1 (Form of VM Mortgages Trustee Account Bank Mandate).
The “Advanced” module supplements the functionalities of the “Basic” module by giving the possibility to the Creditor to delegate to the Debtor PSPs the activities connected with the acquisition and storage6 of the mandates signed by the Debtor at its PSP (the so called Debtor Bank Mandate Flow or DMF scheme - not provided in the SDD Schemes).
Authorised Signatory The following sets out the signatories for the VM Mortgages Trustee Account, in accordance with paragraph 3 of the VM Mortgages Trustee Account Bank Mandate.
Each Pool Member, the Ancillary Services Provider and the Grid Operator shall, unless otherwise agreed by the Executive Committee, at all times maintain a Settlement Account and the Pool Funds Administrator shall enter into and maintain a Settlement Bank Mandate with each of the relevant Settlement Banks.
Bank Mandate Confirmation in the form of Yes/No for possessing the supporting documents Bidders are required to submit the duly filled Bank Mandate as per format given at Annexure VI.