Beneficiary / Payee definition

Beneficiary / Payee means any person or entity to which you can request the Bank to make a payment from your account through Internet Banking Services.
Beneficiary / Payee means any person or entity to which the Customer can request the Bank to make a payment from Customer’s Account through Business Net Banking Services.
Beneficiary / Payee means any person or entity to which the Customer can request the Bank to make a payment from Customer’s Account through Corporate Internet Banking Services.

Examples of Beneficiary / Payee in a sentence

  • Beneficiary / Payee means a natural or legal person who is the intended recipient of funds originating from a payment order; Beneficiary Account A payment account managed by a Payment Service Provider belonging to the Beneficiary/Payee.

  • Beneficiary / Payee A natural or legal person who is the intended recipient of funds originating from a payment order; Beneficiary Account A payment account managed by a Payment Service Provider belonging to the Beneficiary/Payee.

  • In the Beneficiary / Payee Information section: Enter the Name, select ID Type as Account number or IBAN.

  • In the Beneficiary / Payee Information section: Enter theName, select ID Type as Account number or IBAN.

  • The Office of Dealer for each Transaction is: 200 West Street, New York, NY 10282-2198.

  • Enter the login credentials in mobile app and follow the process outlined below: Scroll down and select Services >>Cheques >>Positive PayEnter the following mandatory details Beneficiary / Payee Name Cheque Number Cheque Amount Cheque DateInput comments for your reference which is not a mandatory field.

  • Enter the login credentials in Internet Banking and follow the process outlined below: Select option Services >> Cheques Services >> Positive PayEnter the following mandatory details Beneficiary / Payee Name Cheque Number Cheque Amount Cheque DateInput comments for your reference which is not a mandatory field.Select PROCEED.

  • Beneficiary / Payee Means a natural or legal person who is the intended recipient of funds originating from a payment order; Beneficiary Account A payment account managed by a Payment Service Provider belonging to the Beneficiary/Payee.

Related to Beneficiary / Payee

  • Beneficiary(ies means the beneficiary(ies) designated by the Participant who are entitled to receive any distributions from the Plan payable upon the death of the Participant.

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

  • Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under a Plan with respect to such Participant.

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Former Spouse means the individual who is considered by Applicable Laws to be the Annuitant’s former spouse or common-law partner;

  • Beneficiaries means any Person to whom the Issuer is or hereafter becomes indebted or liable.

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • Beneficiary designation means the naming in a governing instrument of a beneficiary of an insurance or annuity policy, of an account with POD designation, of a security registered in beneficiary form (TOD), of a pension, profit-sharing, retirement, or similar benefit plan, or of another nonprobate transfer at death.

  • Beneficiary Designation Form means the form established from time to time by the Plan Administrator that the Executive completes, signs, and returns to the Plan Administrator to designate one or more Beneficiaries.

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • land reform beneficiary , in relation to a property, means a person who -

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Eligible beneficiary means a resident of this state who:

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Settlor means a person, including a testator, who creates, or contributes property to, a trust. If more than one person creates or contributes property to a trust, each person is a settlor of the portion of the trust property attributable to that person's contribution except to the extent another person has the power to revoke or withdraw that portion.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Surviving beneficiary or "surviving descendant" means a beneficiary or a descendant who did not predecease the decedent and is not considered to have predeceased the decedent under section 2702.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.