Closed User Group (CUG) definition

Closed User Group (CUG) means service user groups which the Bank establishes to provide settlement services, with the Bank acting as the CUG Administrator. Closed User Group must be SWIFT members, signatories to the Agreement for Participating in KEPSS and must be approved by the Bank.
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Closed User Group (CUG) means Service user Groups which the BOT establishes to provide BAHTNET services, with the BOT acting as the CuG Administrator. Closed user Group must be S.W.I.F.T. members and must be approved by the BOT.
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Closed User Group (CUG) means a group of consumers on the same telecommunication and/or internet network who communicate with each other by mutual agreement, and who exclude others.
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Examples of Closed User Group (CUG) in a sentence

  • The users of the service should belong to a Closed User Group (CUG).

  • The Service Area of Very Small Aperture Terminal (VSAT) Closed User Group (CUG) Service shall be at National Level.

  • Closed User Group (CUG) Release * Multi-Party Supplementary Services 1.

  • This Store-Copy-Authorise-Forward facility requires that all Participants be members of the Lesotho Wire Closed User Group (CUG).

  • A dedicated SWIFT Closed User Group (CUG) shall be set up for this purpose.

  • The UNDP Ghana Country Office hereby invites potentially qualified mobile Service Providers which offers Closed User Group (CUG) service that supports GSM/GPRS which is connected to its Fixed Telephone Private Branch Exchange (PBX).

  • Closed User Group (CUG) Service: This service provides zero cost calling between telephone numbers of a defined CUG.