Payment to a beneficiary is made at the earlier of the time when:

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answerhappygod
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Payment to a beneficiary is made at the earlier of the time when:

Post by answerhappygod »

Payment to a beneficiary is made at the earlier of the time when:

A. The payment order is credited to the beneficiary's account or when notice of the credit is sent to the beneficiary
B. The amount is credited to the receiving bank's account at the Reserve Bank or when the payment order is sent to the receiving bank
C. The amount is debited to the receiving bank's account at the Reserve Bank or when the payment order is sent to the receiving bank
D. The payment order is debited to the beneficiary's account or when notice of the credit is sent to the beneficiary
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