BECS Procedures definition

BECS Procedures means the Bulk Electronic Clearing System Procedures as existing from time to time
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BECS Procedures means the procedures issued by the Australian Payments Network Ltd (ABN 12 055 136 519) that govern the operation of the Bulk Electronic Clearing System. “business day” means any day other than a Saturday, Sunday or Australian public holiday and on which financial institutions are able to effect settlement of payment transactions. “debit payment” means a particular transaction where a debit is made.
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BECS Procedures means the Procedures for Bulk Electronic Clearing System Framework (CS2) or any other relevant or replacement procedures which are published by the Australian Payments Network Limited from time to time.
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Examples of BECS Procedures in a sentence

  • If there is any change in, or any change in the interpretation or application of the BECS Procedures or the BECS Regulations, Westpac reserves the right to vary any of the terms of this agreement to the extent necessary to comply with or give effect to any such change.


More Definitions of BECS Procedures

BECS Procedures means the procedures issued by the Australian Payments Network Ltd (ABN 12 055 136 519) that govern the operation of the Bulk Electronic Clearing System.
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BECS Procedures means procedures issued from time to time by AusPayNet and applying to BECS. The BECS Procedures are available at
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BECS Procedures means the procedures from time to time of the Bulk Electronic Clearing System, administered by APCA.
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Related to BECS Procedures

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.

  • Depositary Procedures means, with respect to any conversion, transfer, exchange or transaction involving a Global Note or any beneficial interest therein, the rules and procedures of the Depositary applicable to such conversion, transfer, exchange or transaction.

  • Operating Procedures means the standard internal operating procedures and compliance policies established by the Company to implement the Compliance Plan.

  • Security Procedures means rules and regulations governing access to, and health and safety procedures while on, Government premises; and information technology security protocols;