Future Dated Payments definition

Future Dated Payments means individual, one-off, PPT Payments Set up
View Source
Future Dated Payments means individual, one-off, PPS Payments set up to be made at a future date which will be received by the recipient bank on the day specified.
View Source

Examples of Future Dated Payments in a sentence

  • The Account may be used for setting up Direct Debits, Standing Orders, and to make Faster Payments including Future Dated Payments subject to Account Limits.

  • Pre-Funding is not to be confused with Future Dated Payments, as in a Future Dated Payments the Contract for the Payment Transaction has been agreed prior to the Lodgement.

  • Withdrawal of consent – Future Dated Payments The User may withdraw consent up until 5.30pm on the Business Day before the date set to make the Transaction (other than International Payments made via Internet Banking (which will be displayed for several hours and a User may be able to withdraw consent by ‘deleting’ a payment before it is executed)) by calling us.

  • If you instruct us to make two or more Future Dated Payments for the same future date, we will process them in the same order in which you gave us the payment instructions.

  • Please note that you cannot make Future Dated Payments using Pay to Mobile.

  • Future Dated Payments may be requested on a one-time basis or scheduled as recurring transactions (weekly, monthly, quarterly, or annually up to ten years).

  • We will process any Future Dated Payments on the date you give us.

  • Future Dated Payments are processed at 1:00 P.M. Central Time on the Scheduled Payment Date.

  • The Account may be usedfor setting up Direct Debits, StandingOrders, and to make Faster Payments including Future Dated Payments subject to Account Limits.

Related to Future Dated Payments

  • Permitted Payment as defined in Subsection 8.2(b).

  • Permitted Payments has the meaning specified in Section 7.06(b).

  • Specified Payment means any Permitted Acquisition, Investment, loan, advance, incurrence of or payment with respect to Indebtedness or other transaction made subject to satisfaction of the Payment Conditions or any component thereof.

  • Restricted Payments as defined in Section 7.6.

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.