Legal Question in Banking Law in Nigeria
account domiciliation , irrevocable standing order purchase order issuance
Asked on 2/09/15, 4:13 pm
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
10.02.2015
Dear Sir / Madam,
Account domiciliation - Account opened and operational in the country of domicile (residence) of the Account holder;
Irrevocable standing order - An order which cannot be altered, cancelled or undone;
Purchase order issuance - A document to signify acceptance of goods or services offered.
Regards,
Answered on 2/09/15, 5:26 pm
Related Questions & Answers
-
@israel usman, if i weren't dealing with the banks and with switches, would i still... Asked 11/11/13, 1:29 am in Nigeria Banking Law
-
I want to deploy and operate a service where smart cards are used to pay for food... Asked 11/10/13, 7:45 am in Nigeria Banking Law
-
Do i need a license to operate a single-purpose-stored-value smart card payment... Asked 11/09/13, 7:59 am in Nigeria Banking Law
-
I meet a women online that says she is on her death bed and wants me to be her next... Asked 9/14/13, 5:18 am in Nigeria Banking Law
-
Is there a statute of limitation for dud cheque in Nigeria? Asked 6/08/12, 9:36 am in Nigeria Banking Law