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 means a device or personalised set of procedures agreed between you and us and used to initiate a payment transaction.
More Definitions of Payment Instruments
Payment Instruments has the meaning specified in the definition of Assigned Claims.
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 any personalized device(s), and/or set of procedures, agreed between the Customer and the Bank and used by the Customer to initiate a payment order, including cards, direct debit, means of distance communication, electronic money.
Payment Instruments means each of the valid and non-expired Virtual Cards and Physical Cards of the type specified in the Application Form which are issued by the Issuer to the Company and which can be used to make Transactions.
Payment Instruments means checks, electronic money, credit cards and debit cards or any other instrument through which people can make payments, with the exception of banknotes and coins;