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Can a payment be effected in full to the beneficiary bank and credited in full to the beneficiary?

April 26, 2017Bank Beneficiary credited Effected payment

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Can a payment be effected in full to the beneficiary bank and credited in full to the beneficiary?

1 Answer

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Payment can be effected in full when you mark “ALL CHARGES INCLUDING THOSE OF OTHER BANKS TO BE PAID BY ME/US”. Please refer above to Question 2(c) above for further details.