Bulk Payment definition

Bulk Payment subject to an application being approved under clause 3 a payment by way of a batch of simultaneous payments which will be shown on your Account(s) as one debit;
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Bulk Payment means make multiple payments to multiple beneficiaries (e.g. salary payment).
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Bulk Payment means a kind of payment which allows User to upload a bulk payment file into internet banking for large number of funds transfer with a single instruction.
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Examples of Bulk Payment in a sentence

  • The Bulk Payment Preferences screen can be used for maintaining the priority for auto as well as manual liquidation of bulk payments.

  • As these multiple disbursals are treated as individual transactions, hence the Bulk Payment option provides the customer to make a single payment across for multiple payments.

  • Impact sound energy is communicated in a building structure and it can easily spread to other locations in the building and vibrate the surfaces by radiated noise (Harris, 1994).

  • The Customer agrees that certain transactions (such as but not limited to remittance transactions, SWIFT, Fund Transfer, Payroll, Bulk Payment) can only be performed if done before the cut-off time of the transaction, as may be determined by the Bank and notified to the Customer.

  • It will be the Customer’s responsibility to use the templates provided by the Bank when using the Bulk Payment feature.

  • If indicated at the Loans/Commitments level that bulk payments need to be maintained for an account, then preferences for the bulk payments are maintained at the Bulk Payment Preferences screen.

  • Linking with your Accounts Payable or ERP System, the Multicurrency (MCY) Bulk Payment Upload facility allows you to upload via iBB, in a single file, payment instructions and remittance data going to beneficiaries in the SEPA zone (including Ireland) and worldwide.

  • All BizSmart services are available to all accounts by default.Company/Business Transaction Limit (Will be defaulted to max limit if not declared):Single Payment: RM Bulk Payment: RM Merchant ID (applicable for Credit Card merchant only):Delivery of Tokens & Pins (Please tick  ONE only):Tokens and PINS are to be delivered to: Account Branch  Mailing Address (as per statement mailing address)* Will be defaulted to the Mailing Address if not selected.

  • Bulk Payment Redirection Service:A BPSL service which ensures that payments continue to be received when a sort code and / or account number is changed.

  • Where clause 3 applies the Bulk Payment Limit (“C”) will also apply to the Service.


More Definitions of Bulk Payment

Bulk Payment shall have the meaning set forth in Section 4(A)(iii).
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Related to Bulk Payment

  • Bill Payment is the online service that enables the scheduling of bill payments using a personal computer;

  • Delta Payment means as it is described in this Agreement.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Interim Payment has the meaning specified in Section 10.1.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Final Price means, with respect to a Security and an Auto-Call Valuation Date or the Valuation Date, subject to the Adjustment Provisions, the price of such Security as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on such Auto-Call Valuation Date or the Valuation Date, as the case may be.

  • Full Payment means with respect to any of the Obligations, the full cash payment thereof (other than obligations for taxes, indemnification, charges and other inchoate or contingent or reimbursable liabilities for which no claim or demand for payment has been made or, in the case of indemnification, no notice has been given (or, in each case, reasonably satisfactory arrangements have otherwise been made)), including any interest, fees and other charges accruing during an Insolvency Proceeding (whether or not allowed in such proceeding). No Loans shall be deemed to have been paid in full until all Commitments related to such Loans have expired or been terminated.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Shortfall Payment has the meaning specified in Section 3.7.

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Partial Payment means a payment that is insufficient to discharge all amounts then due and payable under the Finance Documents.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Harvest batch means a specifically identified quantity of dried flower or trim, leaves, and other cannabis plant matter that is uniform in strain, harvested at the same time, and, if applicable, cultivated using the same pesticides and other agricultural chemicals, and harvested at the same time.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Installment sale contract or "contract" means an agreement for the retail sale of a motor vehicle, or that has a similar purpose or effect, under which part or all of the price is payable in 2 or more scheduled payments subsequent to the making of the agreement or under which the obligor undertakes to make 2 or more scheduled payments or deposits that can be used to pay part or all of the purchase price, whether or not the seller has retained a security interest in the motor vehicle or has taken collateral security for the buyer's obligation, and any extension, deferment, renewal, or other revision of that agreement. The terms include a loan, mortgage, conditional sale contract, purchase-money chattel mortgage, hire-purchase agreement, or

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.