Common use of Confirmation of Payment Instructions Clause in Contracts

Confirmation of Payment Instructions. The VM Issuer Account Bank agrees that it will in relation to an irrevocable instruction received by written request (including by email), ensure upon request that the Issuer Cash Manager receives a written confirmation (including by email) when payment amounts are debited from the VM Issuer Account.

Appears in 2 contracts

Sources: Vm Issuer Account Bank Agreement, Vm Issuer Account Bank Agreement