Inward Payment definition

Inward Payment means funds received into our bank account, either originating from a Buyer or you, with a reference identifying you as the intended recipient and beneficiary.
Inward Payment means funds received into a Client Payments Account originating from a Buyer in respect of a Transaction identifying Client or Xplor as the intended recipient and beneficiary in accordance with a Direct Debit Mandate or other payment instruction pursuant to an Other Payment Service. Kiosk means an authorised point-of-sale payments terminal and any associated equipment or device(s). Liabilities means any and all costs, losses, liabilities, obligations, damages, deficiencies, penalties, fines, interest and expenses.
Inward Payment means funds received into a Citcon bank account, either originating from a Buyer or Merchant, with a reference identifying Merchant as the intended recipient and beneficiary.

Examples of Inward Payment in a sentence

  • Citcon will value date and credit the Merchant Account with the value of an Inward Payment on the day on which Citcon receives the Inward Payment.

Related to Inward Payment

  • Debit Payment means a particular transaction where a debit is made.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.