Inward Remittance definition

Inward Remittance means the transfer of funds or money by a party in a foreign jurisdiction to a person or an entity in Ghana.
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Inward Remittance means a Deposit into the Client’s Account by means of remittance from another bank whether domestic or international. Inward Remittances may be received through payment networks such as SWIFT and the UAE Funds Transfer System. The term Inward Payment shall mean the same and may be used interchangeably.
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Inward Remittance means funds received into a Citcon bank account, originating from Merchant and intended for Funds Remittance Services.
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Examples of Inward Remittance in a sentence

  • Waiver on International Payments which include Inward Remittance Telegraphic Transfer and Outward Remittance Telegraphic Transfer that is successfully transacted in the Bank’s records initiated from local currency account(s) through HSBCnet Priority Payment and International Inter-Account Transfer (IAT).

  • Waiver on International Payments which include Inward Remittance Telegraphic Transfer and Outward Remittance Telegraphic Transfer that is successfully transacted in the Bank’s records initiated from local currency account(s) through HSBCnet Priority Payment and International Inter- Account Transfer (IAT).

  • Grantee must obtain a Foreign Inward Remittance Certificate (“FIRC”) from the bank where Grantee deposits the foreign currency and shall maintain the FIRC as evidence of the repatriation of funds in the event the Reserve Bank of India or the Company requests proof of repatriation.

  • Details of the Foreign Inward Remittance from the account of Applicant(s) / NRE / FCNR 2.

  • Additional charges are - 50 USD / 390 HKD is added to every invoice as an administration fee; - 25 USD / 195 HKD is added to every invoice to cover Inward Remittance charges.

  • On the Completion Date for the purpose of filings with the various Regulatory Authorities, the exchange rate, as mentioned in the Foreign Inward Remittance Certificate, shall be applicable.

  • Details of the Foreign Inward Remittance from the account of Applicant(s) / NRE / NRO A/c.

  • Without prejudice and in addition to any other rights and remedies available to Citcon under the Agreement, Merchant hereby indemnifies (and will keep indemnified) on demand, defends and holds harmless Citcon from and against any losses Citcon suffers or incurs as a result of, or in connection with any Transaction, Inward Remittance, Outward Remittance and return of funds.

Related to Inward Remittance

  • Daily Remittance is defined in Section 6.11(a) of the Servicing Agreement.

  • money remittance means a payment service where funds are received from a payer, without any payment accounts being created in the name of the payer or the payee, for the sole purpose of transferring a corresponding amount to a payee or to another payment service provider acting on behalf of the payee, and/or where such funds are received on behalf of and made available to the payee;

  • Monthly Remittance Date The 18th day of each month, or if the 18th day is not a Business Day, the preceding Business Day.

  • Monthly Remittance Amount The sum of the Group I Monthly Remittance Amount and the Group II Monthly Remittance Amount.

  • Monthly Remittance Condition has the meaning set forth in Section 4.2 of the Sale and Servicing Agreement.