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Danish

under both options , if a payment order with a latest debit time indicator is not settled 15 minutes prior to the time indicated therein , a notification shall automatically be sent via the icm .

Dutch

under both options , if a payment order with a latest debit time indicator is not settled 15 minutes prior to the time indicated therein , a notification shall automatically be sent via the icm .

Last Update: 2011-10-23
Usage Frequency: 1
Quality:

Danish

or ( b ) another credit institution within the meaning of article 101 ( 2 ) of the treaty that is subject to scrutiny of a standard comparable to supervision by a competent authority , --- « credit instruction » means a payment instruction submitted by an as and addressed to the ascb to debit one of the accounts kept and / or managed by the as in the pm , and to credit a settlement bank 's pm account or subaccount by the amount specified therein , --- « credit transfer order » means an instruction by a payer to make funds available to a payee by means of a book entry on a pm account , --- « debit instruction » means a payment instruction addressed to the scb and submitted by an as to debit a settlement bank 's pm account or sub-account by the amount specified therein , on the basis of a debit mandate , and to credit either one of the as 's accounts in the pm or another settlement bank 's pm account or sub-account , --- « direct debit authorisation » means a general instruction by a payer to its cb entitling and obliging that cb to debit the payer 's account upon a direct debit instruction from a payee , --- « direct debit instruction » means an instruction from a payee submitted to its cb pursuant to which the cb of the payer debits the payer 's account by the amount specified in the instruction , on the basis of a direct debit authorization , --- « debit mandate » means an authorisation by a settlement bank in the form provided by the eurosystem cbs in the static data forms addressed to both its as and its scb , entitling the as to submit debit instructions , and instructing the scb to debit the settlement bank 's pm account or sub-account as a result of debit instructions , --- « entry disposition » means a payment processing phase during which target2-ecb attempts to settle a payment order which has been accepted pursuant to article 12 , by means of specific procedures , as described in article 18 , --- « eurosystem cb » means the ecb or the ncb of a member state that has adopted the euro , --- « event of default » means any impending or existing event , the occurrence of which may threaten the performance by a participant of its obligations under these conditions or any other rules applying to the relationship between that participant and the ecb or any other cb , including : ( a ) where the participant no longer meets the access criteria laid down in article 4 or the requirements laid down in article 6 ( 1 )( i ) ;

Dutch

or ( b ) another credit institution within the meaning of article 101 ( 2 ) of the treaty that is subject to scrutiny of a standard comparable to supervision by a competent authority , --- « credit instruction » means a payment instruction submitted by an as and addressed to the ascb to debit one of the accounts kept and / or managed by the as in the pm , and to credit a settlement bank 's pm account or subaccount by the amount specified therein , --- « credit transfer order » means an instruction by a payer to make funds available to a payee by means of a book entry on a pm account , --- « debit instruction » means a payment instruction addressed to the scb and submitted by an as to debit a settlement bank 's pm account or sub-account by the amount specified therein , on the basis of a debit mandate , and to credit either one of the as 's accounts in the pm or another settlement bank 's pm account or sub-account , --- « direct debit authorisation » means a general instruction by a payer to its cb entitling and obliging that cb to debit the payer 's account upon a direct debit instruction from a payee , --- « direct debit instruction » means an instruction from a payee submitted to its cb pursuant to which the cb of the payer debits the payer 's account by the amount specified in the instruction , on the basis of a direct debit authorization , --- « debit mandate » means an authorisation by a settlement bank in the form provided by the eurosystem cbs in the static data forms addressed to both its as and its scb , entitling the as to submit debit instructions , and instructing the scb to debit the settlement bank 's pm account or sub-account as a result of debit instructions , --- « entry disposition » means a payment processing phase during which target2-ecb attempts to settle a payment order which has been accepted pursuant to article 12 , by means of specific procedures , as described in article 18 , --- « eurosystem cb » means the ecb or the ncb of a member state that has adopted the euro , --- « event of default » means any impending or existing event , the occurrence of which may threaten the performance by a participant of its obligations under these conditions or any other rules applying to the relationship between that participant and the ecb or any other cb , including : ( a ) where the participant no longer meets the access criteria laid down in article 4 or the requirements laid down in article 6 ( 1 )( i ) ;

Last Update: 2011-10-23
Usage Frequency: 1
Quality:

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