INITIATING PARTY
initiating party: translation
The party initiating the payment to the forwarding or first agent. In the payment context, this can either be the debtor ( in a credit transfer), the creditor ( in a direct debit), or a party that initiates the payment on behalf of the debtor or creditor. In the context of treasury, the party that instructs the trading party to execute a treasury deal on its behalf. Euroclear Clearing and Settlement glossary
Смотреть больше слов в «Financial and business terms»
INITIATIVE →← INITIATE COVERAGE