Receiving Bank definition

Receiving Bank means the bank to which the sender's instruction is addressed.
Receiving Bank means the financial institution where a Receiving Party maintains its account.
Receiving Bank means the bank to which the sender’s instruction is addressed.

Examples of Receiving Bank in a sentence

  • The Company shall procure (i) the Receiving Bank and the Nominee to do all such acts and things as may be reasonably required to be done by them in connection with the Hong Kong Public Offering and their associated transactions; and (ii) the Nominee to undertake to hold and deal with such application monies upon and subject to the terms and conditions contained in the Receiving Bank Agreement.

  • The Company will procure that, in accordance with the terms of the Receiving Bank Agreement and the Registrar Agreement, the H Share Registrar will arrange for, and the Nominee will pay, refunds of the application monies to those successful and unsuccessful applicants under the Hong Kong Public Offering who are or may be entitled to receive refunds of application monies (in whole or in part) in accordance with the terms of the Hong Kong Public Offering specified in the Hong Kong Public Offering Documents.

  • The Company has appointed the Receiving Bank to receive application monies under the Hong Kong Public Offering and has appointed the Nominee to hold the application monies received by the Receiving Bank under the Hong Kong Public Offering, in each case upon and subject to the terms and conditions contained in the Receiving Bank Agreement.

  • The Company agrees that the application monies received in respect of Hong Kong Public Offering Applications shall be credited to a separate bank account with the Nominee pursuant to the terms of the Receiving Bank Agreement.


More Definitions of Receiving Bank

Receiving Bank means the account holding bank of the accounts, to which the funds are deposited in the interbank fund transfers transaction;
Receiving Bank means the bank to which the sender's
Receiving Bank means an Authorised Deposit taking Institution which has subscribed to the ePayments Code or which receives payments processed through the New Payments Platform (including Osko®) and whose customer has received an internet payment.
Receiving Bank means an Authorised Deposit taking Institution which has subscribed to the ePayments Code and whose customer has received an internet payment.
Receiving Bank means Bank of China (Hong Kong) Limited;
Receiving Bank means a bank designated in an item to receive the item from a Reserve Bank. With respect to a credit item subject to Article 4A, the term receiving bank may include a beneficiary as defined in Article 4A.
Receiving Bank means an Authorised Deposit taking Institution which receives payments processed through the New Payments Platform and whose customer has received an internet payment.