Payment Instruments or “PI(s)” means any instrument/instruction, electronic or in writing, for transfer of funds as may be notified by the RBI and shall include, without limitation, post-dated cheques, inchoate cheques, instructions for direct debit from a bank account, a message for transfer of funds sent electronically, physically or through an image of instrument for transfer of funds sent electronically, an electronic file containing the details of the funds transfer sent by electronic media, payment through an electronic truncated cheque, various types of plastic cards, electronic clearing system (ECS), National Automated Clearing House (NACH), demand draft or such other instrument / instruction / clearing service as may be notified by RBI from time to time for transfer of funds and acceptable to the Lender.
Payment Instruments means any personalized device(s) and/or set of procedures agreed between the Client as payment service user and Bank as the payment service provider and used by the Client in order to initiate an Order for payment.
Payment Instruments has the meaning specified in the definition of Assigned Claims.
Examples of Payment Instruments in a sentence
Payment Instruments previously added to your Account may be available for your use through the App to add or load money.
Your transaction may be delayed by our effort to verify your identity and validate your Payment Instruments and otherwise to comply with laws or manage our financial risk.
In addition to other requirements described in this User Agreement, all Payment Instruments must not be expired.
More Definitions of Payment Instruments
Payment Instruments means a device or personalised set of procedures agreed between you and us and used to initiate a payment transaction.
Payment Instruments means cheques, drafts, money orders, credit, debit and stored- value cards, traveller’s cheque or any other instrument or device, tangible or intangible, by which a person can make payments or transmit money, but
Payment Instruments means any personalized device and/or set of procedures which may be used by the User in order to access the TFI Pay Online service and/or provide instructions to the Company in paper form. The Payment Instruments for the purpose of accessing TFI Pay Online are the User ID, the Password, the Security Token and any other Payment Instrument as may be defined by the Company from time to time.
Payment Instruments shall have the meaning assigned to such term in Clause 6.2 (Mode of Payment, Time, Place) below; “Post-Dated Cheques (PDCs)” shall mean the post-dated cheque(s) which may if so required by the Lender, be drawn by the Borrower in favour of the Lender, towards discharge of the EMIs, in the manner and upon the terms and conditions specified in Clause 6 (Mode of Payment, Time, Place) below;
Payment Instruments means a personalised device(s) and/or set of procedures agreed between the payment service User and the Company and used in order to initiate a payment order and may be used by the User in order to access the TFI Online service and/or provide instructions to the Company in paper form. The Payment Instruments for the purpose of accessing TFI Online are the User ID, the Password, the Security Token and any
Payment Instruments means any payment instrument which the System allows to link to the Account and use to perform Payment Transactions;