Payment : Outbound vs Inbound


 

Payment : Outbound vs Inbound:

  • Outbound and inbound indicate the “direction” of received payments (Instructions) from the OPF Bank point’s of view.
  • Outbound means that the payment originates from the OPF Bank (from a bank’s customer or bank’s internal department and other such examples).
  • Inbound means that the payment originates from another party than the OPF Bank (from a correspondent bank or clearing system and other such examples).


 



 





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