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Q:

What is an OIN?

A:

An OIN is a unique SEPA Money transfer user ID number assigned to you under which you may submit payments.

One Bankline customer may have many OINs, but two Bankline customers may not have the same OIN at the same time.

Each OIN will have a Credit Limit assigned to it. This is the maximum amount you may submit per working day (as derived from ReqdExctnDt tag in the batch).

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