GD Cheques definition

GD Cheques means Paper Cheques in Hong Kong dollars, in the form(s) from time to time specified by HKICL, and drawn on GD Banks.
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GD Cheques means Paper Cheques in US dollars, in the form(s) from time to time specified by HKICL, and
Sample 1

Examples of GD Cheques in a sentence

  • No Member shall use or provide in Hong Kong any facilities for clearing of cheques and other negotiable instruments in Hong Kong dollars drawn on Members, and GD Cheques in Hong Kong dollars drawn payable on GD Banks, and for processing of direct debits and credits, funds transfers, e-Cheques and other banking transactions in each case in Hong Kong dollars other than the Clearing House and Clearing Facilities provided by HKICL (either directly or through a sub-contractor).

  • Amounts payable to Members on GD Cheques (net of Unpaid Articles in respect of GD Cheques but including interest under the Interest Adjustment Scheme) shall be debited from the relevant GD Agent’s CHATS Ledger Account.

  • Amounts payable to Members on GD Cheques (net of Unpaid Articles in respect of GD Cheques but including interest under the Interest Adjustment Scheme) shall be debited from the relevant GD Agent’s Settlement Account.

  • No Member shall use or provide in Hong Kong any facilities for clearing of cheques in US dollars and other negotiable instruments in US dollars drawn on Members who are banks, and GD Cheques in US dollars drawn payable on GD Banks, and for the processing of direct debits and credits, funds transfers, e-Cheques and other banking transactions in each case in US dollars other than those provided by HKICL (either directly or through a sub-contractor) as agent for SI.

  • Association to be cleared and settled through CHATS on a bulk clearing basis as provided by these Clearing House Rules, and includes GD Cheques; and where the context so admits includes the front and reverse of such documents and for the avoidance of doubt excludes e-Cheques.

  • Province in relation to the clearing of GD Cheques and, Paper Cheques and e-Cheques drawn on Members who are banks relating to the Guangdong Province to offer and operate current accounts from which withdrawals, and into which deposits, can be made by use of cheques and e-Cheques.

  • Bank of China and “relevant GD Settlement Centre” means: (i) in respect of GD Cheques and, Paper Cheques and e-Cheques drawn on Members who are banks relating to Guangdong Province (excluding Shenzhen), Guangzhou Electronic Settlement Centre; and (ii) in respect of GD Cheques and, Paper Cheques and e-Cheques drawn on Members who are banks relating to Shenzhen, Shenzhen Financial Electronic Settlement Center Co., Ltd.

Related to GD Cheques

  • HKEx means Hong Kong Exchanges and Clearing Limited or its successors.

  • EFT means electronic funds transfer.

  • Certified check means a check accepted by the bank on which it is drawn. Acceptance may be made as stated in subsection (1) or by a writing on the check which indicates that the check is certified. The drawee of a check has no obligation to certify the check, and refusal to certify is not dishonor of the check.

  • Self-Check means an integrated function that checks for a system failure on a continuous basis at least while the system is active.

  • Australian Government rebate means the private health insurance rebate that helps reduce the cost of health insurance. The rebate you are entitled to depends on your income and age and is indexed annually by the Australian Government.

  • Background Check means the process of checking an applicant’s arrest and conviction record, through any means.

  • E-Check means any check which You authorize the payee to process electronically. For joint accounts, read singular pronouns in the plural.

  • Trade Accounts Payable of any Person means trade accounts payable of such Person with a maturity of not greater than 90 days incurred in the ordinary course of such Person's business.

  • HKICL means Hong Kong Interbank Clearing Limited and its successors and assigns.

  • Cheque means a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand;

  • Baggage Check means those portions of the Ticket which relate to the carriage of your Checked Baggage.

  • government procurement means the process by which a government obtains the use of or acquires goods or services, or any combination thereof, for governmental purposes and not with a view to commercial sale or resale, or use in the production or supply of goods or services for commercial sale or resale;

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

  • Drawee means a person ordered in a draft to make payment.

  • TELRIC means Total Element Long-Run Incremental Cost.

  • EUMA means the “SAP Delivered Support Agreement” which sets out the terms and conditions under which SAP provides support to End Users and which will be provided by SAP on a deal by deal basis.

  • Check means a draft, other than a documentary draft, payable on demand and drawn on a bank or a cashier's check or teller's check. An instrument may be a check even though it is described on its face by another term, such as “money order”.

  • ACH debit means the EFT payment option in which the payer initiates the transfer of funds by authorizing the depart- ment’s depository bank to transfer the payment amount from the payer’s account.

  • Debit means a charge or an amount of money somebody must pay. If we debit money to you or debit money to your account, that money is then added to the unpaid balance and the unpaid balance becomes larger. In this case “charge” and “debit” have similar meanings.

  • ACH means automated clearing house transfers.

  • NSF means National Sanitation Foundation.

  • Police Check means a formal inquiry made to the relevant police authority in each State or Territory and designed to obtain details of an individual’s criminal conviction or a finding of guilt in all places (within and outside Australia) that the Grantee knows the person has resided in;

  • Cards means either a Visa, MasterCard, Discover or American Express credit card, debit card (or other similar card that requires a PIN for identification purposes), or pre-paid, stored-value or gift card.

  • Sales Draft means the paper form, whether electronically or manually imprinted, evidencing a sale Transaction.

  • Criminal background check means a state criminal background check and a national criminal history check through the Federal Bureau of Investigation.

  • 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.