Banking System definition

Banking System has the meaning given to that term in Section 1.1 of Schedule 11;
View Source
Banking System means the banking system described in Section 4, for the transfer of funds from Pool Debtors to Pool Creditors in accordance with this Schedule, as amended or replaced from time to time in accordance with the provisions of the Agreement;
View Source
Banking System means only the London clearing banks, the Scottish banks and the Banking Department of the Bank of England, the appropriate figures for other banks not being available for the same quarterly dates.
View Source

Examples of Banking System in a sentence

  • Based on final June 2019 cash balances, adjustments will be made in July 2019 to ensure alignment with the cash buffer requirements of NSW Treasury Circular TC15_01 Cash Management – Expanding the Scope of the Treasury Banking System.

  • Based on final June 2021 cash balances, adjustments will be made from July 2021 to ensure alignment with the cash buffer requirements of NSW Treasury Circular TC15_01 Cash Management – Expanding the Scope of the Treasury Banking System.

  • The Employer shall, upon written authorization by the individual Nurse, deposit the Nurse’s pay in a bank of the Nurse’s choice that is located in the State of California, any bank in the United States that is a member of the Federal Reserve Banking System, or the Stanford Federal Credit Union.

  • Based on final June 2017 cash balances, adjustments will be made in July 2017 to ensure alignment with the cash buffer requirements of NSW Treasury Circular TC15_01 Cash Management – Expanding the Scope of the Treasury Banking System.

  • You agree and acknowledge that traditional e-mail may not be secure, and therefore, you agree to send us e-mail communications only through the secure messaging service in the Online Banking System.

  • Based on final June 2016 cash balances, adjustments will be made in July 2016 to ensure alignment with the cash buffer requirements of NSW Treasury Circular TC15_01 Cash Management – Expanding the Scope of the Treasury Banking System.

  • You agree to be bound by the rules and regulations that govern any applicable funds transfer systems, including, but not limited to, CHIPS or the ACH Network as published by the National Automated Clearinghouse Association (NACHA), and the Federal Reserve Banking System.

  • A complete disclosure is available when you enroll through our Online Banking System.

  • DCS as Merchant’s Agent, will provide the ACHeck21® Processing Services to create an x9 file format or ACH file for submission to the National Banking System through the ODFI and deposit all funds processed into the Merchant’s account.

  • Based on final June 2018 cash balances, adjustments will be made in July 2018 to ensure alignment with the cash buffer requirements of NSW Treasury Circular TC15_01 Cash Management – Expanding the Scope of the Treasury Banking System.


More Definitions of Banking System

Banking System in this analysis means only the London clearing banks' the Scottish banks and the Banking Department of the Bank of England.
View Source
Banking System. Base Rate", "Billing System", "CHAPS", "Collection Account", "Confirmation Notice", "Credit Facility", "Credit Facility Contribution", "Default Interest Rate", "ERS Account", "Facility Bank", "Final Reconciliation Run", "Funds Transfer Agreement", "Funds Transfer Business", "Funds Transfer System", "GSP Group Control Total", "Information Systems", "Letter of Credit", "Local Branch", "Non-paying Pool Debtor", "Notification Date", "Notified Payment", "Notified Payment Shortfall", "Notified Payments System", "overpayment", "Payment Date", "Payments Calendar", "Pool Accounts", "Pool Banker", "Pool Borrowing Account", "Pool Clearing Account", "Pool Creditor", "Pool Debt", "Pool Debtor", "Pool Ledger Accounts", "Pool Reserve Account", "Pool Reserve Assets", "Postponed Payment Date", "Providing Member", "Reconciliation Notification Date", "Reconciliation Payment Date", "Relevant Provider", "Reserve Interest Rate", "Security Amount", "Security Cover", "Settlement Account", "Settlement Account Designation", "Settlement Bank", "Settlement Bank Mandate", "Settlement Payment Date", "Settlement Run", "Special Run", "Stage 1 Settlement Run", "Stage 2 Initial Settlement Run", "Timetabled Reconciliation Run" and "underpayment";
View Source
Banking System has the meaning specified in Section 3.3(d)(ii);
View Source
Banking System means all banks in India including RRBs and co-operative banks and branches of Indian banks abroad.
View Source

Related to Banking System

  • Banking Services means each and any of the following bank services provided to the Borrower or any Subsidiary by any Lender or any of its Affiliates: (a) credit cards for commercial customers (including, without limitation, commercial credit cards and purchasing cards), (b) stored value cards and (c) treasury management services (including, without limitation, controlled disbursement, automated clearinghouse transactions, return items, overdrafts and interstate depository network services).

  • Banking Services Provider means any Lender (other than a Defaulting Lender) or Affiliate of a Lender (other than a Defaulting Lender) that provides Banking Services to any Credit Party.

  • Clearing Systems means Euroclear and Clearstream, Luxembourg;

  • Banking Services Reserves means all Reserves which the Administrative Agent from time to time establishes in its Permitted Discretion for Banking Services then provided or outstanding.

  • Cash Management Systems has the meaning ascribed to it in Section 1.8.