SEPA Payments definition

SEPA Payments means payments made within SEPA and which are subject to the SEPA Credit Transfer or SEPA Direct Debit Scheme Rules.
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SEPA Payments means payments in euro to accounts in the European Economic Area (EEA) countries, Monaco, San Marino and Switzerland under the Single Euro Payments Area (SEPA) scheme.
Sample 1Sample 2Sample 3

Examples of SEPA Payments in a sentence

  • For SEPA Payments the “SHA" type of Payment commissions shall be specified.

  • For SEPA Payments the “SHA" type of payment of commissions shall be specified.

  • SEPA Payments (only offered in Community Bank banking centers located in Europe) The Single Euro Payments Area (SEPA) is a group of countries that agree to abide by a set of rules developed by the European Payment Council (EPC) in order to provide a basis for a standard method of processing Euro payments in the European Union and within the European Economic Area member states.

  • The Bank shall be entitled to define a maximum amount for such SEPA Payments for which specifying the additional data is possible.

  • For the SEPA Payments, where the Beneficiary’s bank is registered in EEA Member States, as well as in foreign countries who have voluntarily adopted and implemented the SEPA payment schemes (eg.

  • SEPA-Eurotransfer (hereinafter SEPA Payment) is a non- expedited wire payment transaction in the euro currency where the payer’s and the beneficiary’s banks are situated in SEPA countries and simultaneously are within the reach of SEPA Payments; an expedited payment transaction in the euro currency or in another currency where We are simultaneously the payer’s and the beneficiary’s bank is deemed SEPA Payment.

  • For SEPA Payments SWIFT code of the Beneficiary’s bank is defined based on the Beneficiary's account number that should be in IBAN format.

  • When executing all the Payments addressed to the Customer or made by the Customer (with the exception of SEPA Payments and Intra-bank Payments), the Bank uses the correspondent accounts indicated in the list of correspondent accounts approved by the Bank, as well as local and cross-border payment and settlement systems.

  • However, in case of Priority SEPA Payments, the Bank shall ensure that the funds shall be credited to an account of the payee’s bank on the same day on which the Moment of Effectiveness of the Order has occurred.

  • For SEPA Payments SWIFT code of the Beneficiary‟s bank is defined based on the Beneficiary's account number that should be in IBAN format.

Related to SEPA Payments

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • Payments has the meaning set forth in Section 8.11.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).