Payment Instruction File definition

Payment Instruction File means an electronic file issued by XXXX and given to a Payment Integrated Financial Institution, instructing that a payment be made in accordance with the requirements of the payment instructions for source or destination funding contained within the Final Settlement Schedule.

Payment Instruction File means a payment instruction file in the form of an ABA file or such other file type as notified by Tyro to you from time to time.

Payment Instruction File means, an electronic file issued by PEXA and given to a Source Financial Institution or a Destination Financial Institution, instructing that a payment be made by the Source FI or the Destination FI in accordance with the requirements of the payment instructions.

Examples of Payment Instruction File in a sentence

• Where funds have moved from a Subscriber’s registered Source Account but the Scheduled Settlement is not successfully completed on the Scheduled Settlement date, PEXA will provide the relevant Financial Institution with a Payment Instruction File on the same day to enable the Financial Institution to return the funds to the registered Source Account.

• Once the Electronic Workspace is Locked, where funds are being provided from a Source Account, PEXA will prepare and send a Payment Instruction File to the relevant Payment Integrated Financial Institution to initiate a movement of funds from that Source Account in accordance with the authorisations and instructions in the Electronic Workspace.

• Upon confirmation from the RBA that funds have been exchanged between the ESA(s) of the relevant Financial Institution(s), PEXA will provide a Payment Instruction File containing all disbursement instructions from the Electronic Workspace to the relevant Financial Institutions to process the funds to the relevant Australian accounts.

• The Payment Instruction File will also include: · Chargeback debit adjustments to net-off Acquirer Merchant settlement.

• A - Further to Provision 5 of the Agreement, the Home DGS and the Host DGS agree to: □ Make exchanges of a Test Payment Instruction File through the H2C Exchange Mechanism at least once every […] year(s); □ Organise a crisis management exercise on a Test Payout at least once every […] year(s).

• A - Further to Provision 5 of the Agreement, the Home DGS and the Host DGS agree to: □ Make exchanges of a Test Payment Instruction File through the H2C Exchange Mechanism at least every twoyears.

• Upon confirmation from the RBA that funds have been exchanged between the ESA(s) of the relevant Financial Institution(s), PEXA will provide a Payment Instruction File containing all disbursement instructions from the Electronic Workspace to the relevant Financial Institutions to process the funds to the relevant accounts.

• Diskpay Payment Instruction File means the electronic file compiled by you detailing batch payment instructions to payee’s bank accounts for purposes of ANZ Diskpay which you may upload and lodge through ANZ Internet Banking for processing by ANZ provided that such file is in an approved file extension and is less than the file size specified by ANZ from time to time.

• Diskpay Payments means the function available through ANZ Internet Banking, through which you may upload and lodge your Diskpay Payment Instruction File for processing by ANZ, provided you have entered into a Diskpay Agreement with ANZ and is an approved and registered user of ANZ Diskpay.

• Payment Instruction File to PaymentWorks to match up payment details and guarantee payment is made to the correct payee identity.