Examples of using Execution of payment in English and their translations into Serbian
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If the User provided consent for execution of payment order; c if there is no legal impediment to the execution. .
The identification number is also the number of the Client's payment account,which is used for the execution of payment services.
Business debit card user cannot cancel execution of payment transaction performed by business card once the transaction has been authorized.
Consumption limit represents the total amount of funds that can be used for execution of payment transactions in a certain period.
Manner of giving approval for the execution of payment transactions depends on the payment instrument and channel of receiving orders.
The Bank will execute payment transactions within deadlines andin the manner defined by the Schedule of Receipt and Execution of Payment Transactions.
For other payment transactions, different deadlines for the execution of payment transactions may be applied in accordance with applicable regulations.
The National Bank of Serbia shal prescribe the form, content andmanner of use of payment order templates for execution of payment transactions in RSD.
The schedule for the execution of payment transactions(the time of receipt of the payment order) is defined within the separate document(Time Schedule).
Business day- a day, ora part of the day when the Bank operates that allows execution of payment transactions to its payment transaction users.
Business day of the Bank for execution of payment orders up to 300,000 dinars that are marked as urgent or as an instant transfer of the authorization is any calendar day.
The order will be executed within the terms andin the manner prescribed by the Schedule for the receipt and execution of payment transactions according to applicable legal regulations.
The payment order for execution of payment transactions in foreign currency through the current account, in accordance with the Law on Foreign Exchange Operations is: a foreign payment order.
The National Bank of Serbia shall prescribe the form, content andmanner of using payment order forms for the execution of payment transactions in dinars.
For the other payment transactions, different deadlines for the execution of payment transactions may be applicable in accordance with the valid regulations.
The Payment service user delivers to the Bank the payment order during a business day,which is defined by the Time Schedule for the Execution of Payment Transactions.
For payment transactions not encompassed by the above paragraph,deadlines for execution of payment transactions specified by the law and/or regulations will apply.
The information provided in the previous paragraph is included in these General Terms and Conditions, Tariff of fees for retail services andthe Time Schedule for the execution of payment transactions.
Consent for execution of payment transaction The manner of giving consent for the execution of the payment transaction depends on the payment instrument and distribution channel of the Bank.
The Client is responsible for the control and accuracy of the entered data,in connection with the payment orders for the execution of payment transactions via BizMobi service.
There will be no responsibilityof the Bank or the client regarding the execution of payment transactions, if the failure to meet the obligations is impossible due to the force majeure or if it is foreseen by the applicable regulations.
The participant shall submit transfer orders in hard copy using the form prescribed by the decision regulating the form, content, andmanner of using payment order forms for the execution of payment transactions in dinars.
Time of receipt and execution of payment orders As a time of receipt of the payment order shall be the time when the Bank received the order directly from the Client- payer or indirectly by the payee.
Types of payment orders Payment transactions effected over current and other accounts of participants in the payment system shall be made using the appropriate payment orders which are considered as instruction for execution of payment transaction.
Execution of payment orders on dinar current account Article 17 The Payment service user shall submit to the Bank the payment order on a business day which is defined by the Time Schedule for the execution of payment transactions.
The Bank shall always ask the User to provide clear andstrict instructions(orders) for execution of payment, both domestically or abroad, which shall be in writing and with specified purpose of payment, i.e. basis for collection, payment or transfer, as well as submission of prescribed documents.
Execution of payment orders on foreign exchange current account Article 18 The Payment service user delivers to the Bank a payment order during a business day, which is defined in the Time Schedule for the execution of payment transactions.
Funds may be disposed: In dinars- cash or cashless transfer of funds; The Bank shall always ask the User to provide clear andstrict instructions(orders) for execution of payment, both domestically or abroad, which shall be in writing and with specified purpose of payment, i.e. basis for collection, payment or transfer, as well as submission of prescribed documents.
Execution of payment transactions via BizMobi service BizMobi service for the execution of payment transactions by charging the payment account and revoking the payment order, is governed by the GOT for payment accounts and payment services.
In the case of force majeure that has prevented the execution of payment transactions in accordance with provisions of the Framework Contract, the Bank and the Payment service user will not be liable for non-execution of the payment transaction.