Destination Bank definition

Destination Bank means a bank registered with NPCI as per the Procedural Guidelines and which authenticates details of Your customer's Bank Account held with the Destination Bank and approves the E-Mandate Registration Request in accordance with the Procedural Guidelines.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Destination Bank means the Bank identified in a payment order in which payment to the payee in a credit transfer is to take place, or the payor’s Account in which a debit

Destination Bank means the bank identified in a payment order in which either payment to the payee in a credit transfer is to take place or the payor's account in a debit transfer is held. It is the bank which is to receive the last payment order in a payment transaction. In a credit transfer the destination bank is the payee's bank. In a debit transfer the destination bank is the payor's bank.

Examples of Destination Bank in a sentence

• L▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇ Pay through: [*] (Destination Bank) Beneficiary’s Bank [*] P▇▇▇▇ & Whitney Canada Corp.

• Name: Telephone No.: Fax No.: Name: Telephone No.: Booking Installation: Name: Telephone No.: Fax No.: Name & ABA # of Destination Bank: Name: Telephone No.: Fax No.: Assignee will be called promptly upon receipt of the signed agreement.

• Fax No.: Fax No.: Telex No.: Telex No.: Answerback: Answerback: PAYMENT INFORMATION: Name & ABA # of Destination Bank: Account Name & Number for Wire Transfer: Other Instructions: ADDRESS FOR NOTICES FOR ASSIGNEE: BANK ONE INFORMATION Assignee will be called promptly upon receipt of the signed agreement.

• Grantee shall make all payments to Grantor in Canadian currency These payments may be made by Grantee to Grantor by electronic transfer at: Destination Bank: RBC Canada ▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇ ▇▇▇ Transit Number: 00002 Institution: 003 For Credit to: HERITAGE ROYALTY RESOURCE CORP.

• The Borrower hereby authorizes Atlantic to pay the proceeds of such Loans on the Effective Date directly to PNC in immediately available funds to the following account: Name of Destination Bank: PNC Bank, N.A. ABA # of Destination Bank: ▇▇▇-▇▇▇-▇▇▇ Acct Name for Wire Transfers: PNC Bank, N.A. Acct # for Wire Transfers: 130760016803 Reference: Quest Diagnostics Receivables Inc.

More Definitions of Destination Bank

Destination Bank means the financial institution which holds the Destination Account.

Destination Bank means a bank with which a Beneficiary maintains a Destination Account and which is registered with the NPCI as a APBS participantbank.

Destination Bank means a scheduled commercial bank with which a Customer maintains a Destination Account and which is registered with the NPCI as a NACH participantbank.

Destination Bank. Chase Manhattan Bank, New York ABA# of: (▇▇▇▇▇▇▇▇▇) Name of Account: Royal Bank of Canada, New York Account#: (920-1-033363) THE SAKURA BANK, LIMITED Domestic Lending Office Eurodollar Lending Office THE SAKURA BANK, LIMITED Same ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇ ▇▇▇▇▇▇ Addresses for Notices Same as Above Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Payment Instructions Name of Bank where funds are to be transferred: ▇▇▇▇▇▇ Guaranty Trust Company - New York ABA#: ▇▇▇▇-▇▇▇▇-▇ Name of Account: The Sakura Bank, Limited - New York Branch A/C#: ▇▇▇-▇▇-▇▇▇ THE SANWA BANK, LIMITED, DALLAS AGENCY Domestic Lending Office Eurodollar Lending Office THE SANWA BANK, LIMITED, Same DALLAS AGENCY ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇▇▇▇▇ Address for Notices Same as Above Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Payment Instructions Via FED Wire/Corr. Bank: The Sanwa Bank, Limited, New York Branch City/State: New York, NY ABA# ▇▇▇▇▇▇▇▇▇ In favor of: Sanwa Bank Dallas Ref.: Tyson Foods, Inc. SOCIETE GENERALE, SOUTHWEST AGENCY Domestic Lending Office Eurodollar Lending Office SOCIETE GENERALE, SOUTHWEST AGENCY ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Same Suite 4800 Dallas, TX 75201 Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, III Address for Notices Same as Above Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Payment Instructions Vis FED Wire/Corr. Bank: Societe Generale City/State: New York, NY ABA#: ▇▇▇▇▇▇▇▇▇ In favor of: Tyson Foods, Inc. A/C#: 9001611 THE SUMITOMO BANK, LIMITED Domestic Lending Office Eurodollar Lending Office THE SUMITOMO BANK, LIMITED Same ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Address for Notices Same as Above Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Payment Instructions ▇▇▇▇▇▇ Guaranty Trust Company of New York Account Number: ▇▇▇-▇▇-▇▇▇ (The Sumitomo Bank, Ltd.) Routing Transit/ABA No: ▇▇▇▇▇▇▇▇▇ Attention: Loan Operations SUNTRUST BANK, ATLANTA Domestic Lending Office Eurodollar Lending Office SUNTRUST BANK, ATLANTA ▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Address for Not...

Destination Bank means a scheduled commercial bank with which a Beneficiary maintains a Destination Account and which is registered with the NPCI as a NACH participantbank.

Destination Bank shall have the meaning set forth in Section 11.2(a) hereof.

Destination Bank means the financial institution which