Clearing House Computer definition

Clearing House Computer means (i) the computer system of the Clearing House (a) to which Members may connect to effect CHATS Transactions and other transactions through the Clearing House as the case may be via the SWIFT network, (b) to which Members (except CLS Bank) may connect through the MBT in order to perform administrative functions related to CHATS Transactions (other than initiating/receiving payment instructions) or submit instructions relating to Special Posting transactions as stipulated in the Operating Procedures, (c) to which CLS Bank connects its CLS System in order to effect CHATS Transactions and other transactions through the Clearing House as the case may be, (d) to which OTC Clear connects its system in order to transmit OTC Clear Debit Requests for the generation of OTC Clear Payment Instructions through the Clearing House and (e) to which other computer systems may connect in order to effect CHATS Transactions and other transactions through the Clearing House as the case may be; and (ii) other computer system(s) in respect of the Clearing House.
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Clearing House Computer means (i) the computer system of the Clearing House (a) to which Direct Participants may connect to effect CHATS Transactions and other transactions through the Clearing House as the case may be via the SWIFT network, (b) to which Direct Participants may connect through the MBT in order to perform administrative functions related to CHATS Transactions (other than initiating/receiving payment instructions) or submit instructions relating to Special Posting transactions as stipulated in the Operating Procedures, (c) to which OTC Clear connects its system in order to transmit OTC Clear Debit Requests for the
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Examples of Clearing House Computer in a sentence

  • This contingency arrangement will be invoked when (a) the computer of any of the Members, or (b) the Clearing House Computer cannot access the SWIFT network.

  • CHATS Transactions (other than CHATS Transactions in respect of Articles) may only be input by Members addressed to themselves, other Members, MA or the Clearing House Computer or by virtue of a Special Posting or End of Day Net Settlement.

  • This contingency arrangement will be invoked when (a) the computer of any of the Members or CB, or (b) the Clearing House Computer cannot access the SWIFT network.

  • CHATS Transactions (other than CHATS Transactions in respect of Articles) may only be input by Members or Global Users addressed to themselves, other Members, other Global Users, CB or the Clearing House Computer, or by CB addressed to Members or Global Users or the Clearing House Computer, or by virtue of a Special Posting.

  • This contingency arrangement will be invoked when (a) the computer of any of the Direct Participants, or (b) the Clearing House Computer cannot access the SWIFT network.

  • This contingency arrangement will be invoked when (a) the computer of any of the Members, or(b) the Clearing House Computer cannot access the SWIFT network.

  • CHATS Transactions may only be input by Members addressed to themselves, other Members, SI or the Clearing House Computer or by virtue of a Special Posting.

  • Commencement and before End of Day Cut-off to effect a payment for value through CHATS as of the Working Day on which the instruction is received by the Clearing House Computer.

  • Part A General Provisions Joyce Davidson, NE Curtis DeMaris, WA Roger L.

Related to Clearing House Computer

  • Clearing House means a clearing house recognised by the laws of the jurisdiction in which the Shares (or depositary receipts therefor) are listed or quoted on a stock exchange or interdealer quotation system in such jurisdiction.

  • Clearing House Rules means the Certificate of Incorporation, the By- Laws and any rule, interpretation, stated policy, or instrument corresponding to any of the foregoing, in each case as adopted or amended from time to time by the Clearing House relating to any or all of the Swaps.

  • Clearinghouse means the Federal Motor Carrier Safety Administration Commercial Driver's License Drug and Alcohol Clearinghouse.

  • Boarding house means a residence in which lodging and meals are provided. Each resident of a boarding house is charged a lump sum to cover the costs of lodging and meals with no separate accounting for the fair selling price of the meals.

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Electronic Data Interchange or “EDI technology” means the computer-to-computer exchange of business transactions in a standardized, structured electronic format.

  • Computer database or “database” means a collection of recorded information in a form capable of, and for the purpose of, being stored in, processed, and operated on by a computer. The term does not include computer software.

  • Merchant means any corporate entity, person or other establishment, supplying goods and/or services, which a Card Scheme Member Bank has approved and made arrangements to accept the Card or the Card numbers as a mode of payment or reservation by the Cardholder.

  • State electronic verification system means the system described in Section 26-61a-103.

  • Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

  • Database Management System (“DBMS”) is a computer process used to store, sort, manipulate and update the data required to provide Selective Routing and ALI.

  • Teller s check” means a draft drawn by a bank on another bank, or payable at or through a bank.

  • Rooming house means any dwelling, or that part of a dwelling containing one or more rooming units in which space is let by the owner or operator to three or more persons who are not husband and wife, son or daughter, mother or father, or sister or brother of the owner or operator.

  • Criminal records check means any criminal records check conducted by the superintendent of the bureau of criminal identification and investigation in accordance with division (B) of this section.

  • account information service means an online service to provide consolidated information on one or more payment accounts held by the payment service user with either another payment service provider or with more than one payment service provider;