Ordering institution meaning
WebApr 12, 2024 · institution in British English (ˌɪnstɪˈtjuːʃən ) noun 1. the act of instituting 2. an organization or establishment founded for a specific purpose, such as a hospital, church, company, or college 3. the building where such an organization is situated 4. an established custom, law, or relationship in a society or community 5. WebDEFINITION. This field identifies the ordering institution of the initial transaction, if different from the Receiver.
Ordering institution meaning
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WebOrdering institution. The financial institution that accepts an instruction from a customer to transfer money electronically to a beneficiary institution so that it reaches the intended … WebSep 30, 2024 · Definition. Outside the field of sociology, people often use the term "social order" to refer to a state of stability and consensus that exists in the absence of chaos and upheaval. Sociologists, however, have a more complex understanding of the term. Within the field, it refers to the organization of many interrelated parts of a society.
WebThe term “electronic fund transfer” or “EFT” means any transfer of funds that is initiated through an electronic terminal, telephone, computer, or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit a consumer's account. 12 CFR 1005.3(b)(1). WebOrdering institution The financial institution that accepts an instruction from a customer to transfer money electronically to a beneficiary institution so that it reaches the intended recipient. See AML/CTF Act 2006 subsections 8 (1), 8 (2), 9 (1), and 9 (2)
WebOrder definition, an authoritative direction or instruction; command; mandate. See more. WebOrdering definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Look it up now!
WebJan 29, 2024 · An instructing bank is also known as the ordering party as it begins the process of the transfer. It is the opposite of an advising bank, which is the bank that … ons mask wearingWebThis is a message from the sending bank to the recipient's bank, instructing the recipient's bank to credit the recipient a certain amount. However, often for international SWIFT payments, funds have to move between several different … ons mbs surveyWeb: an order of a specified duration issued after a hearing attended by all parties that is intended to protect one individual from violence, abuse, harassment, or stalking by … i often go walking primary song lds lyricsWebordering institution means the financial institution that initiates the wire transfer and Remittance Businesses Act ( Cap. 187) respectivelytransfers the funds upon receiving the request for a wire transfer on behalf of the wire transfer originator; Sample 1 Based on 1 documents Related to ordering institution i often go walking sheet musicWebnoun an organization, establishment, foundation, society, or the like, devoted to the promotion of a particular cause or program, especially one of a public, educational, or charitable character: This college is the best institution of its kind. the building occupied by such an establishment. i often go walking primary songWebordering institution means the financial institution that initiates the wire transfer and Remittance Businesses Act ( Cap. 187) respectivelytransfers the funds upon receiving the … i often hear her singWeb“ordering institution” means the financial institution that initiates the wire transfer and transfers the funds upon receiving the request for a wire transfer on behalf of the wire … i often go walking singing time