CHATS Payment Instruction definition

CHATS Payment Instruction means a CHATS Payment Instruction Value Today or a CHATS Payment Instruction Value Forward Day.
Sample 1Sample 2Sample 3
CHATS Payment Instruction or “CPI” means an payment instruction generated by CCASSHKSCC and transmitted electronically (i) to a Designated Bank requesting that Designated Bank to effect a CCASS-related CHATS payment be made for a paying Participant or (ii) to a bank designated by HKSCC requesting that bank to effect a CCASS-related CHATS payment for HKSCC in accordance with the Rules; “ China Connect Clearing House” means a clearing house in Mainland China acceptable to HKSCC and included in the list of China Connect Clearing Houses from time to time, as referred to in Rule 4105(b); “ China Connect Clearing P articipant” means a Clearing Participant which is registered as a China Connect Clearing Participant by HKSCC; “ China Connect Clearing Participant Registration C riteria” ;means the eligibility criteria in Rule 4103 and any additional eligibility criteria which HKSCC may prescribe from time to time for a Participant to be, and to remain, registered as a China Connect Clearing Participant as referred to in Rule 4103; “China Connect Clearing Services” means the clearing, settlement, depository, nominee and other services that may be provided by HKSCC to Participants other than Investor Participants for the purposes of or in connection with establishing and operating a Clearing Link as referred to in Rule 4102; “ China Connect Exchange Participant” has the same meaning as defined in the Exchange Rules; “ China Connect Market” has the same meaning as defined in the Exchange Rules; “China Connect Securities” has the same meaning as defined in the Exchange Rules. Unless the context otherwise requires, any reference in the Rules to “China Connect Securities” includes “Special China Connect Securities”; “China Connect Securities Trade” means a trade in China Connect Securities (including Special China Connect Securities) executed on a China Connect Market through the SEHK Subsidiary under a Trading Link;
Sample 1

Examples of CHATS Payment Instruction in a sentence

  • The CPIs information will be included in the Electronic CHATS Payment Instruction Report (CSEPI03).

  • In a case to which Rule 6.3.1.1(a) applies, the relevant CHATS Payment Instruction Value Today will be settled through CHATS immediately upon the completion of its processing.

  • Subject to Rule 6.3.1.1, a funds transfer initiated by a CHATS Payment Instruction Value Today will be settled through CHATS immediately upon the completion of its processing.

  • The lending under the IILF is effected through the settlement of a CHATS Payment Instruction Value Today with a designated payment code indicating that it is a payment of principal under the IILF (“IILF Payment Instruction”) generated by HKICL to debit the Liquidity Provider’s CHATS Ledger Account and credit the Liquidity Consumer’s CHATS Ledger Account.

  • A CHATS Payment Instruction Value Today will not be effected or settled through CHATS unless the available balance in the Sending Member’s CHATS Ledger Account for the time being is sufficient to make the payment referred to in such payment instruction.

  • Settlement of a CHATS Payment Instruction Value Today will be effected across the books of SI pursuant to Rules 3.1.4 and 3.1.5 by debiting the Designated Settlement Account of the Sending Member for the funds transferred and crediting the same to the Designated Settlement Account of the Receiving Member.

  • The lending under the IILF is effected through the settlement of a CHATS Payment Instruction Value Today with a designated payment code indicating that it is a payment of principal under the IILF (“IILF Payment Instruction”) generated by HKICL to debit the Liquidity Provider’s Settlement Account and credit the Liquidity Consumer’s Settlement Account.

  • Subject to Rules 6.3.1.6 and 6.3.1.7, in a case to which Rule 6.3.1.1(a) applies, the relevant CHATS Payment Instruction Value Today will be settled through CHATS immediately upon the completion of its processing.

  • Subject to Rules 6.3.1.6, 6.3.1.7 and 6.3.1.9, a CHATS Payment Instruction Value Today will not be effected or settled through CHATS unless the available balance in the Sender's CHATS Ledger Account for the time being is sufficient to make the payment referred to in such payment instruction.

  • Debit Authorisation for Clearing House Automated Transfer System (CHATS) Payment Instruction and Authorisation to Disclose Information Form; 2.

Related to CHATS Payment Instruction

  • Payment Instruction is as defined in Section 36 of the General Terms, and is further defined as the information provided by you to the Service for a bill payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Scheduled Payment Date).

  • Transfer Instruction is a specific information provided for a transfer to be made that you provide to the Account to Account Transfer Service for a transfer of funds.