NPP Payments definition

NPP Payments means electronic payments cleared and settled by participating financial institutions via the NPP
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NPP Payments means payments cleared and settled via the NPP.
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NPP Payments means payments cleared and settled via the NPP (and includes Osko Payments and payments made through PayTo).
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Examples of NPP Payments in a sentence

  • We do not permit selection of a PayID Name that is likely tomislead or deceive a payer into sending you NPP Payments intended for another payee or which for any reason is inappropriate.

  • The PayID Service enables payers to make NPP Payments to payees using an alternative identifier instead of account details.

  • Onlyeligible members will be able to request a PayID that is a restricted PayID Type.Depending on the policy of a payer’s financial institution, your PayID Name will be displayed to payers who send NPP Payments to you using your PayID.

  • You can be either the sender of a mistaken internet payment or the receiver of a mistaken internet payment.When making a payment through Internet Banking (such as auto transfers or NPP Payments), you should take care to ascertain that the BSB number, account number and/ or identifier such as PayID you have entered are correct, because payments are processed using these details and without checkingthe account name.

  • NPP Payments and Osko Payments are availablethrough Internet Banking, Mobile Banking, or, in restricted cases, through a branch and the Member Experience Centre.

  • You acknowledge that we have the right to and agree to us locking your PayID if we reasonably suspect misuse of your PayID or where your PayID has been used to procure payments fraudulently.A PayID may not be used to receive NPP Payments, be transferred or updated while locked.

  • This means NPP Payments to your PayID will continue to be directed to your account with us.

  • Contact Receivable means a Float Account, including BSB, Account Number and PayID that can be used to receive NPP Payments from a Payee for the purpose of automated and simplified reconciliation.

  • We may impose limits on the value of any Osko Payment, or the aggregate value of Osko Payments or other NPP Payments permitted over a particular period.

  • Account means an account with an ADI or Identified Institution to which NPP Payments may be received and from which NPP Payments may be made.


More Definitions of NPP Payments

NPP Payments means electronic payments cleared and settled by participating financial institutions via the NPP, including Osko payments and Basic Single Credit Transfers and those types of payments where made through the PayTo Service.
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NPP Payments means payments cleared and settled via the NPP, and includes Osko Payments. ‘Osko’ means the Osko payment service provided by BPAY.
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Related to NPP Payments

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Payments refers to anything of value, including cash, gifts, travel expenses, entertainment, offers of employment, provision of free services, and business meals. It may also include event sponsorships, consultant contracts, fellowship support, job offers, and charitable contributions made at the request of, or for the benefit of, an individual, his or her family, or other relations, even if made to a legitimate charity.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Payment Amount as defined in Section 3.5.

  • Reimbursement Amounts As defined in Section 3.22.

  • Remittance Amount means the funds denominated in Singapore Dollars or United Stated Dollars which is to be debited from the Customer's Account(s) and converted into the specified Foreign Amount.