Interbank transfer definition

Interbank transfer means a transfer of funds from a payor to a payee in two separate banks under at least two payment orders. In an interbank transfer:
Interbank transfer means a transfer of funds, from a payor to a payee in two separate banks, having at least two payment orders with each receiving bank other than the destination bank executing its sender’s payment order by issuing a corresponding payment order to a receiving bank, with the last payment order sent to the destination bank. Participants in an interbank transfer are the originator, originating bank, destination bank, and receiver, and may include one or more intermediary banks. In an interbank transfer, besides acting for a customer, a bank may act for its own account and its own name;
Interbank transfer means transfer of funds from the instructor to the beneficent in two separate banks that have, at least two payment orders for each receiving bank other than the destination bank which performs the payment order of the sender by issuing the appropriate payment order to the receiving bank, with the last payment order sent to destination bank. Participants in an interbank transfer are the initiator, the initiating bank, destination bank and the beneficent and may include one or more intermediary banks. In an interbank transfer, in addition to action on behalf of the client, the bank can act on behalf of itself.

Examples of Interbank transfer in a sentence

  • TKTT/2017 Trang 2/12 Đăng ký các dịch vụ gia tăng dành cho thẻ ghi nợ nội địa Register added services for domestic debit card Không đăng ký No register Dịch vụ nạp tiền (Service of charge) Dịch vụ thanh toán hóa đơn (Invoice payment service) Dịch vụ chuyển tiền liên ngân hàng (IBT) (Inter-bank transfer service) Dịch vụ mua hàng Internet (Ecom) (Internet purchasing service) Số điện thoại nhận mật khẩu xác nhận: .....................................................

  • Examples of wire networks include SWIFT, RTGS and Interbank transfer System.

  • Inter-bank transfer of money is also one of the fastest growing trends in mobile commerce in India.13.1.5.2. Drivers and constraints faced by mobile commerce in IndiaThere are many different drivers and constraints faced by the mobile commerce industry in India.

  • Inter-bank transfer over the counter: No fee for platinum card or above;2.汇划财政金库、抢险、赈灾、抚恤等社会公益及慈善用途等款项免收汇款手续费2.

  • Overbooking limit via ATM / dayRp 200.000.000 Interbank transfer Limit / dayRp 25.000.000E.

  • Inter-bank transfer voucher is prepared at SHS for transfer of funds from SHS Tier 1 account to Program-wise Tier-2 accounts.

  • Please arrange for your payment to reach us within 7 working days after receiving the Reference No. These modes of payment are accepted: • Cash Payment – available at our Training Centre at MDIS Dhoby Ghaut, 20 Orchard Road, Singapore 238830• Cheque – should be crossed and made payable to “Service Quality Centre Pte Ltd” together with Reference No. indicated on the reverse side of the cheque• Interbank transfer – please pay to United Overseas Bank (UOB) account no.

  • Incoming payments (credit)Retail List of Conditions Interbank transfer if it is not qualified as an instant credittransfer Branch (file on paper)Raiffeisen Direkt (via phone)The account of the recepient’s financial provider is credited according to mentioned in the table below, if correct and complete order is received by the Bank: In case of Standing payment orders the first payment is executed earliest on the next banking day after the order is received.

  • There is a dollar limit of $15,000.00 (or the available balance in your Designated Deposit Account, plus your overdraft protection available balance, whichever is less) on a bill payment and a $2,000 limit on an Intra-bank transfer or Inter-bank transfer.

  • Whereas Virtual Account or Interbank transfer transactions are more flexible with the mandatory information, namely the destination account number and the nominal value inputted by the customer.

Related to Interbank transfer

  • London Inter-Bank Offered Rate means the interest rate at which the Bank's London Branch, London, Great Britain, would offer U.S. dollar deposits for the applicable interest period to other major banks in the London inter-bank market at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period. A "London Banking Day" is a day on which the Bank's London Branch is open for business and dealing in offshore dollars.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.

  • Reuters Screen LIBOR Page means the display on the Reuters screen LIBOR01 page or LIBOR02 page, as specified in applicable pricing supplement, on the Reuters 3000 Xtra service (or any successor service) (or any replacement page or pages on the Reuters 3000 Xtra service or any successor service on which London interbank rates of major banks for the relevant index currency are displayed).

  • Money Market LIBOR Loan means a loan to be made by a Bank pursuant to a LIBOR Auction (including such a loan bearing interest at the Base Rate pursuant to Section 8.01(a)).

  • Index Currency means USD.

  • London Stock Exchange means London Stock Exchange plc;

  • Eurozone means the countries and territories listed in the Annex of Council Regulation (EC) No. 974/98 of 3 May 1998 on the introduction of the Euro, in its current version.

  • Market means in any part of the world:

  • Telerate Page 3750 The display designated as page “3750” on the Dow Xxxxx Telerate Capital Markets Report (or such other page as may replace page 3750 on that report for the purpose of displaying London interbank offered rates of major banks).

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.