payment order
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English
[edit]Pronunciation
[edit]- Rhymes: -ɔː(ɹ)də(ɹ)
Noun
[edit]payment order (plural payment orders)
- (finance, chiefly banking) An instruction from a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay a fixed and determinable amount of money to a beneficiary.
Translations
[edit]instruction to pay or cause a bank to pay an amount of money
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