Interbank GIRO definition

Interbank GIRO or “IBG” means an interbank payment and funds transfer system provided by PayNet that facilitates payments and collections via the exchange of digitised transactions betweenbanks.
Sample 1Sample 2Sample 3
Interbank GIRO or “IBG” means an interbank payment and funds transfer system provided by MyClear that facilitates payments and collections via the exchange of digitised transactions between banks.
Sample 1Sample 2

Examples of Interbank GIRO in a sentence

  • Where the last day of such time period falls on a Sunday or public holiday in Singapore, the time period shall be extended to the next calendar day that is not a Sunday or public holiday in Singapore.Method of payment:• Cash: You must complete an Interbank GIRO form authorising periodic RSP payments and submit it together with the relevant application form as required by the authorised agent or distributor.

  • Salient terms relating to RSPs: Minimum holding to invest in a RSP:The minimum holding as set out in paragraph 9.2.Minimum investment sum:S$100 monthly or S$500 quarterly.Method of payment:• Cash: You must complete an Interbank GIRO form authorising periodic RSP payments and submit it together with the relevant application form as required by the authorised agent or distributor.

  • Salient terms relating to RSPs: Minimum holding to invest in a RSP:The minimum holding as set out in the Appendix for the relevant Sub-Fund.Minimum investment sum:S$100 monthly or S$500 quarterly.Method of payment:• Cash: You must complete an Interbank GIRO form authorising periodic RSP payments and submit it together with the relevant application form as required by the authorised agent or distributor.

  • Salient terms relating to RSPs: Minimum holding to invest in a RSP:The minimum holding as set out in the Appendix for the relevantSub-Fund.Minimum investment sum:S$100 monthly or S$500 quarterly.Method of payment:• Cash: You must complete an Interbank GIRO form authorising periodic RSP payments and submit it together with the relevant application form as required by the authorised agent or distributor.

  • Except for the payment to be made with your letter of acceptance pursuant to clause 2 of this letter, during the Term, you shall pay Rent, Service Charge and GST by Interbank GIRO or any other mode to be determined by us.

  • Salient terms relating to RSPs: Minimum holding to invest in a RSP:The minimum holding as set out in paragraph 10.2.Minimum investment sum:S$100 monthly or S$500 quarterly.Method of payment:• Cash: You must complete an Interbank GIRO form authorising periodic RSP payments and submit it together with the relevant application form as required by the authorised agent or distributor.

  • Fresh Funds means monies or funds howsoever transferred, credited or paid into an Eligible Account from other banks and/or financial institutions by way of (i) Interbank GIRO transfers, (ii) collection and payment of cheques drawn on such other bank(s) and / or liquidation of Wealth assets held with SCBMB or SCSB.

  • The employer shall pay the AO the monthly PCP payment (inclusive of GST) on the first day of each calendar month by Interbank GIRO or such other mode or frequency of payment as the AO and the employer may mutually agree upon.

  • Salient terms relating to RSPs: Minimum holding to invest in a RSP:The minimum holding as set out in paragraph 8.2.Minimum investment sum:S$100 monthly or S$500 quarterly.Method of payment:• Cash: You must complete an Interbank GIRO form authorising periodic RSP payments and submit it together with the relevant application form as required by the authorised agent or distributor.

  • Name of account holderNRIC number of account holderName of bank and branchBank account numberI will pay the premiums for this plan in line with my existing Interbank GIRO instructions with Income.

Related to Interbank GIRO

  • Index Currency means USD.

  • Reference Banks means, in the case of a determination of LIBOR, the principal London office of four major banks in the London inter-bank market and, in the case of a determination of EURIBOR, the principal Euro-zone office of four major banks in the Euro-zone inter-bank market, in each case selected by the Calculation Agent or as specified hereon.

  • Japanese Yen means the lawful currency of Japan.