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translations for
payment order
Definition of payment order
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
Related words
payment
repayment
payments
prepayment
downpayment
nonpayment
micropayment
overpayment
telepayment
out-payment
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