Payout Currency definition

Payout Currency means the currency for the Payout as specified in provision 11.
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Payout Currency means the currency that the customer designates, from among the currencies prescribed by the Bank, as that to be used for the payment to the receiver or for the crediting of amounts to the Receiver’s Bank Account for the relevant Money Transfer Transaction.
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Payout Currency means the currency specified as such in the applicable Final Terms;
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Examples of Payout Currency in a sentence

  • Payout Currency Your “Payout Currency” is the currency that we will use for settling your transaction proceeds to your Linked Financial Account.

  • When, under the Home DGS’s Applicable Law, the Payout Currency is not the official currency of the Host DGS’s Member State, or is not the only official currency of the Host DGS´s Member State, the Payout Currency shall be specified in the Bilateral-Spec.

  • The Payout Currency shall be determined by the Home DGS’s national legislation and communicated by the Home to the Host DGS.

  • The currency of the account shall be the same as the Payout Currency.

  • Pay-out Currency means: the currency of funds in which Ingenico FS makes the Pay-out.

  • When this happens, the paid amount will be converted into your Payout Currency prior to disbursement of the funds to you, using the applicable transaction exchange rate and assessing the currency conversion charge as indicated on our Fee Page described in Section 3 (“Seller Payment Fees”) below.

  • The Payout Currency for such Money Transfer is acquired by us at a wholesale rate that fluctuates, but may approximate the wholesale rate for such Payout Currency listed in newspapers such as the Wall Street Journal®.

  • Payout Currency: SEK Rates of exchange is the USD-SEK X-RATE (the number of SEK for 1 USD), rounded to 4 decimals by divideing (1) with (2) 1) The daily EUR-SEK fixing published on Reuters page ECB37 at 14:15 CET2) The daily EUR-USD fixing published on Reuters page ECB37 at 14:15 CET Payout FX Rate Date means two Currency Business Day following each Interest Valuation Date, Automatic Early Redemption Date or Redemption Valuation Date, as applicable.

  • The Payout Currency shall be used: - by the Home DGS to determine the balances of covered deposits of Depositors and to generate the Payment Instructions; - by the Home DGS to calculate and send the Payout Amount; and - by the Host DGS to carry out the Repayment.

  • Where offered by us and agreed upon by you and your buyer, your buyer may pay for an item you sell with currency other than your Payout Currency.


More Definitions of Payout Currency

Payout Currency means Philippine Peso.
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Related to Payout Currency

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Payment Currency has the meaning given in Clause 21.4;

  • Settlement Currency means Pounds sterling ("GBP").

  • First Currency has the meaning specified in Section 1.15.

  • Other Currency has the meaning specified in Section 1.15.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Agreement Currency has the meaning specified in Section 10.19.

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • Judgment Currency has the meaning specified in Section 10.19.

  • Termination Currency means United States Dollars.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Second Currency has the meaning specified in Section 14.19.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Index Currency means USD.

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Virtual currency means a digital representation of value used as a medium of exchange, unit of account, or store of value, which does not have legal tender status recognized by the United States. The term does not include: