Depository Services. Since Connect Securities are issued in scripless form, physical deposits and withdrawals of SSE and SZSE Securities into/from the CCASS Depository are not available.
Depository Services. Contractor shall provide traditional depository account (i.e., demand deposit account (DDA) or interest-bearing or non-interest-bearing deposit account) services for each State Agency account established pursuant to this Contract, including without limitation: processing payments, accepting deposits, providing stop payments, returned item notification, overdraft protection, and monthly statements, and make available, upon request, copies of cancelled checks to the applicable State Agency. Contractor shall provide statements, check payments, and deposit reconciliation and similar services in accordance with standards established by the Comptroller of the Currency, Federal Reserve System, and when appropriate, the Maryland State Treasurer.
Depository Services. 4.1. Pursuant to the relevant Instruction, the Agent shall provide the Client with the Depository Services specified in the applicable parts of the Schedule, if any.
Depository Services. 4.1 Your Account(s) You may be required to designate and/or maintain one (1) or more demand deposit accounts with us in an open status and in compliance with your Commercial Deposit Agreement to facilitate use of a Service (“Account(s)”). We may indicate in the title of such Account that it is for the benefit of one (1) or more customers. You represent, warrant, and agree that all customer funds on deposit in such Account are subject to this Agreement. In any event, you agree to hold on to funds on deposit in trust for your customers, and agree to promptly and accurately remit customers’ funds to them. You agree the Bank is authorized to debit and/or credit the Account in connection with providing you Services. To the extent any credits to your Account are revoked due to any third party claim or demand or any other process recognized by applicable Associate Rules (such as, but not limited to, returns, reversals, adjustments, reclamations, or claims based on breach of any warranty made by the Bank or you under the applicable Association Rules), you shall immediately reimburse the Bank for the amount thereof. You agree to maintain sufficient balances in available funds in the Account to cover all credit transactions and returns on all debit transactions you submit to us and, if we require, a specified minimum balance of available funds. You shall immediately, within the same business day, reimburse the Bank for any overdrafts created by transactions initiated by you. If you fail to reimburse us, we may, at our option, either debit any other of your account(s) with us or our affiliates to provide such balances or decline to forward your transactions. Our right of reimbursement is absolute and unconditional, and shall not, for any reason whatsoever, be subject to any reduction, setoff, defense, counterclaim, deferment, or right of recoupment. In addition, for purposes of satisfying your payment obligations for the Services, we may consider any overdraft line of credit or other arrangement you have with us.
Depository Services. The depository services under the 2018 Financial Services Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As certain applicable percentage ratios of the depository services exceed 0.1% but fall below 5% on annual basis, the depository services is subject to the reporting and announcement requirements but is exempt from independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Depository Services. Contractor shall provide traditional depository account (i.e., demand deposit account (DDA) or interest-bearing or non-interest-bearing deposit account) services for each State Agency account established pursuant to this Contract, including without limitation: processing payments, accepting deposits, providing stop payments, returned item notification, overdraft protection, and monthly statements, and make available, upon request, copies of cancelled checks to the applicable State Agency. Contractor shall provide statements, check payments, deposit reconciliation and similar services in accordance with standards established by the Comptroller of the Currency, Federal Reserve System, and when appropriate, the Maryland State Treasurer. Completion and issuance of the X-1 form by the Comptroller and Treasurer’s Office shall be recognized and accepted by the contractor as evidence of the Treasurer’s approval of the Bank as a Designated Depository of the State of Maryland under State Finance and Procurement Article, §6-205, Annotated Code of Maryland, and will be the method by which the Treasurer’s authorized designee is identified.
Depository Services. 2.1. In carrying out this Contract, the Depository provides following services:
Depository Services. To comply with various provisions, rules and laws of CDSL and NSDL To establish continuous electronic means of communication with CDSL and NSDL To provide necessary manuals and procedural guidelines to the Company for effective and prompt conduct of business of the Depository. To maintain adequate systems / procedures, means of communication, infrastructure, hardware, software, security devices and back up facilities as per the requirements of NSDL / Company. To undertake dematerialisation and rematerialisation requests and to process the same. To Stop dematerialisation when there is any prohibitory order, stop transfer, attachment order and disputed title on the day of such requests with in 15 and 30 days respectively. To provide shareholding pattern (resident Indians, NRIs, Financial Institutions etc.) of the shares dematerialised. To provide weekly MIS Report on shares Dematerialised / Rematerialised. To be responsible for corporate actions. , To maintain the folios in the Depository. Updation of Data downloaded from CDSL/NSDL on periodical basis. To maintain records / Data as prescribed by CDSL/NSDL .. All other work connected with Electronic Transfer of shares. .
Depository Services. Deposit Credit (Branch Deposit) $ 0.75 Desktop Deposit-Deposited Item $ 7.20 Cash Deposit (Branch Deposit) $ 73.75 Return Item – Chargeback $ 10.00 Online Portal Return Item Retrieval – Image $ 0.00 Return Item Redeposited $ 4.00 Check Disbursement Services Positive Pay Only – Monthly Base $ 40.00 Positive Pay Only – Item $ 7.40 Image View (Web Portal) $ 0.00 Image Paid Check Monthly Base $ 0.0 Image Paid Check per CD $ 25.00 DDA Checks Paid $ 9.30 Payee Validation Standard – Item $ 0.00 Image Paid Check per Item $ 7.30 General ACH Services Electronic Credits Posted $ 7.38 ACH Received Item $ 2.64 ACH Payments Item $ 1.44 ACH Payments Base Fee $ 15.00 ACH Fraud Filter Review Base (Web Portal) $ 45.00 ACH Fraud Filter Review Item $ 2.00
Depository Services. Pursuant to the Financial Services Agreement, COFCO Finance shall provide foreign currency depository services to the Group. The Group will open and maintain foreign currency deposit accounts with COFCO Finance. The interest rates for the Group’s deposits with COFCO Finance will be determined in accordance with the standard deposit rates promulgated by PBOC from time to time. The interest rates on the depository services to be offered by COFCO Finance to the Group will not be lower than the standard deposit rates promulgated by PBOC for same type of deposits of the same period and will not be lower than the interest rates offered by major PRC commercial banks for same type of deposits of the same period. The depository services that will be provided by COFCO Finance to the Group under the Financial Services Agreement are solely for the purpose of facilitating of the fund transfer between members of the Group as detailed in the paragraph headed “Fund Transfer Services” below. Pursuant to the Financial Services Agreement, the depository services provided by COFCO Finance under the Financial Services Agreement will be provided on a free-of-charge basis. Pursuant to the Financial Services Agreement, the maximum daily deposit amount placed by the Group with COFCO Finance shall not exceed HKD300,000,000 during the term of the Financial Services Agreement.
