Manual Input. 1. A participant shall submit its IFT and SGSMB instructions (consolidated by counterparty) to the Service Provider by 1830hours using SWIFT MT199 or the Manual Input Form – SGD Payments (signed by at least two authorised signatories) for IFT instructions or the Manual Input Form – SGSMB Transactions for SGSMB instructions (collectively referred to as “Manual Input Forms”). 2. A participant shall inform its counterparties of the breakdown and details of each IFT or SGSMB instruction. 3. The Service Provider reserves the right to reject any of the participant’s instructions if: a) the Manual Input Forms are illegible, incomplete or incorrect; b) the signatories on the Manual Input Forms do not match those in Service Provider’s records; or c) alterations on the Manual Input Forms are not countersigned by the authorised signatories. 4. A participant may submit the “Request For MEPS+ Intraday Messages/Positions” form (signed by at least two authorised signatories) to request the Service Provider for its statement of account (“Intraday Statement Request”) and hand-delivering the form to the Service Provider by 1800 hours. A participant is allowed to submit a maximum of four (4) Intraday Statement Request per day (two for its RTGS Account and two for its SGS Account), or such other number of Intraday Statement Request as may be agreed in writing with the Service Provider. The Intraday Statement Request shall be submitted by 1800hours.
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Samples: Service Agreement, Service Agreement, Service Agreement
Manual Input. 1. A participant shall submit its IFT and SGSMB instructions (consolidated by counterparty) to the Service Provider by 1830hours using SWIFT MT199 or the Manual Input Form – SGD Payments (signed by at least two authorised authorizedauthorised signatories) for IFT instructions or the Manual Input Form – SGSMB Transactions for SGSMB instructions (collectively referred to as “Manual Input Forms”).
2. A participant shall inform its counterparties of the breakdown and details of each IFT or SGSMB instruction.
3. The Service Provider reserves the right to reject any of the participant’s instructions if:
a) the Manual Input Forms are illegible, incomplete or incorrect;
b) the signatories on the Manual Input Forms do not match those in Service Provider’s records; or
c) alterations on the Manual Input Forms are not countersigned by the authorised authorizedauthorised signatories.
4. A participant may submit the “Request For MEPS+ Intraday Messages/Positions” form (signed by at least two authorised authorizedauthorised signatories) to request the Service Provider for its statement of account (“Intraday Statement Request”) and hand-hand- delivering the form to the Service Provider by 1800 hours. A participant is allowed to submit a maximum of four (4) Intraday Statement Request per day (two for its RTGS Account and two for its SGS Account), or such other number of Intraday Statement Request as may be agreed in writing with the Service Provider. The Intraday Statement Request shall be submitted by 1800hours.
Appears in 1 contract
Samples: Service Agreement