The bank that issued or maintains the consumer's credit card account

In the course of the card payment process, the bank that issued the bankcard (and will therefore debit the cardholder's account). See also acquiring bank.

Bank that has issued a letter of credit. The issuing bank is obligated to pay if documents are presented that comply with the L/C requirements.

The bank that issues a credit card to a customer. The Issuing Bank transmits funds to the vendor's merchant account when the credit card is utilized by the customer to purchase a good or service, and debits the account of the cardholder in the amount of the purchase price.

See “Card issuing bank”.

The financial institution that issues a credit card to a cardholder. Also referred to as the cardholder's bank. American Express and Discover issue their own cards, performing a similar function to issuing banks. (American Express and Discover also sign up merchants to accept their cards, acting like acquiring banks.)

The bank issuing the Purchase Card to an organization. In the context of the P-Card product, JPMorgan Chase Bank is the issuer.

The bank which issues the letter of credit on the instructions of the importer (usually, but not necessarily, the importer's own bank).

The bank who issues a bank card

Financial institutions that issue credit cards to individuals for personal and business use.

The issuing bank, as the term goes, refers to the banks that issue credit cards. These include both Indian Banks (Bank of Baroda, Canara Bank) and Foreign Banks (Citibank, Standard Chartered Bank).

The bank which issued the credit card to the customer.

A bank or other financial institution that issues credit cards. Issuing banks are members of the Visa and MasterCard Associations.

The bank providing your customer with a card

The bank issuing a letter of credit (L/C). It is obliged to pay if the documents stipulated in the L/C are presented.

The bank that issues credit card to its customer is known as an issuing bank.

the party that supports/provides for the actual credit card; i.e. a Visa given by Bank of America or a MasterCard given by Chase; American Express and Discover do not have separate issuing banks

Bank that opens a straight or negotiable letter of credit and assumes the obligation to pay the bank or beneficiary if the documents presented are in accordance with the terms of the letter of credit.

See Issuer. Manual Entry Credit card information that is entered via the Transaction Terminal of Signio Manager.

Cardholder's bank or the bank, which has issued a MasterCard, Visa or other credit cards to an individual.

The bank that opens a documentary credit at the request of its customer, the applicant.

A mutual savings bank that sells and issues life insurance policies in its own name. Each issuing bank issues its own contracts, keeps its own records, and invests the assets of its own insurance department. See also agency bank and savings bank life insurance (SBLI).

Bank giving the primary payment undertaking for a letter of credit, acting on behalf of a buyer.

Same as the issuer. The issuer of customer credit cards.

The bank that issues a customers credit card and transmits funds to the seller's merchant account when the customer utilizes the card. The issuing bank then debits the account of the cardholder for the purchase.

Also referred to as an issuer, this is a Visa member bank that issues Visa cards to its customers. Along with the acquirer, the cardholder and the merchant, the issuing bank constitutes one of the parties in a four-party payment system.

The financial institution that issues a card to a consumer. Monthly Bankcard Volume The total dollar amount of MasterCard and Visa transactions approved to be processed through a merchant account in any given month.

The financial institution or bank that issues a credit or purchasing card to a business or consumer.

Issues the credit to a credit card holder. When sale authorization is requested, the merchant's bank, requests the funds to be transferred from the credit card company, which in turn receives the funds from the issuing bank.

An Issuing Bank is any Visa/MasterCard member bank that enters into contractual relation-ships with cardholders for the issuance of cards.

A financial institution that issues credit cards to consumers on behalf of the card associations. Also known as Card Issuing Bank. Also known as an “Issuer.

Cardmember's bank or the bank that has issued a MasterCard or Visa card to an individual.

The bank or other company that issues a credit card to a Cardholder.

The bank that issues the customer the credit card and transmits funds to the seller's merchant account when the customer utilizes the card. The issuing bank then debits the cardholder's account for the purchase.

This is the bank that maintains a consumer's credit card account and will pay out to a merchant's account when the consumer makes a credit card purchase. At the end of the month the issuing bank will bill the customer for the debt.

Lead arranger Lead bank

The bank that maintains the consumer's credit card account and which must pay out to the merchant's account in a credit card purchase. The issuing back then bills the customer for the debt.