credit transfer


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credit transfer

n
(Banking & Finance) a method of settling a debt by transferring money through a bank or post office, esp for those who do not have cheque accounts
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

credit transfer

nbancogiro, postagiro
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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References in periodicals archive ?
Therefore, BCCAT is operating under two assumptions in making this proposal: (1) Institutions want articulation agreements to reflect credit transfer and student mobility patterns; and (2) Institutions do not want a significant increase in articulation work.
INDIANAPOLIS (AP) -- Indiana University and Ivy Tech Community College have agreed on a new credit transfer program for education students.
According to the company, the objective of the implementation is to convert a print account into a virtual purse managed via a web interface, which can be topped-up by on-line credit transfer and automatic cash-loading machines, and can be used for both print/copy and for the payment of library fines.
"Businesses need to be warned they must now ensure they have enough money in the bank on the first or second of the month to cover their VAT cheque or switch to paying by credit transfer, which would give them a few more days grace."
Bank A creates an ACH credit transfer instruction, indicating the specified payment date, and attaches the appropriate electronic remittance data to that payment instruction.
With interfaces directly to SWIFTNet services, as well as multiple real-time gross settlement, low value and real-time networks across the globe, the system is a single, integrated solution for domestic and international processing, including the SEPA Credit Transfer and Direct Debit schemes.
The credit transfer promotion will be run for a period of two months.
The purpose of this report is to inform the Council of Ministers of Education, Canada (CMEC) of the steps taken in British Columbia to improve student mobility and credit transfer in accordance with the principles stipulated in CMEC's Ministerial Statement on Credit Transfer in Canada (2009).
"We've just made it a priority," said Joan Exline, assistant to the president for accreditation planning and articulation, who works closely with two-year colleges on credit transfer issues and noted that USM won a College Board Best Practices Award for its community college relations.
A large-value credit transfer mechanism run by the central bank can be flexible enough to support many types of payments, including net settlement transfers generated by specialized clearing organizations.
As per the agreement, Raphaels and SIA will offer SEPA payments services to clients through the bank's indirect participation in the SEPA Credit Transfer and SEPA Direct Debit schemes.