Examples of Clearing in a sentence
All payments of principal and interest on the Notes will be made in U.S. dollars as Automated Clearing House (ACH) deposits into an account designated by each Holder at the Site.
All payments to Holders will be made as Automated Clearing House (ACH) deposits into an account designated by each Holder at the Site.
These transfers may use the Automated Clearing House (ACH) or other payments network.
Bank details may be retained for the purposes of refunds and claims payments that may be made by BACS (Bankers Automated Clearing System).
The physical delivery of GOs is to be made by means of a transfer of GOs from an AIB registry account of the Seller to the AIB registry account of the Clearing House, and from the AIB registry account of the Clearing House to an AIB registry account of the Buyer, in accordance with any applicable delivery requirements under the EECS Rules.