Transferable Balance definition

Transferable Balance means the Balance which can be withdrawn by the Merchant after the Holding Period has passed and/or Opn Payments has released the Merchant from the obligation to hold the Reserved Balance (if any).

Examples of Transferable Balance in a sentence

  • The Merchant shall request for a withdrawal or transfer of all or any part of the Transferable Balance to the Merchant’s bank account, or designated recipient account(s) opened with a reputable commercial bank in Thailand.