HKICL definition

HKICL means Hong Kong Interbank Clearing Limited and its successors and assigns.
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HKICL means Hong Kong Interbank Clearing Limited.
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HKICL means Hong Kong Interbank Clearing Limited and its successors and assigns. "HKMA" means the Hong Kong Monetary Authority.
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Examples of HKICL in a sentence

  • If an account is terminated as the Default Account by you or by the relevant Participant for any reason (including suspension or termination of the account), the system of HKICL will automatically assign the most recently registered record in the Addressing Service that is associated with the same Proxy ID to be the Default Account.

  • For example, HKICL may require the mobile phone number or email address to be registered as Proxy ID to be the same number or address registered by you as contact information on our records at the relevant time.

  • Any Proxy ID to be registered by you for the Addressing Service must satisfy any applicable requirements imposed by HKICL from time to time.

  • You understand and agree that we, other Participants and HKICL have the right and discretion without giving notice to deregister any Proxy ID that is not correct or up-to-date in accordance with available information without your consent.

  • HKICL is entitled not to accept such exchanges which do not conform with the above-mentioned specifications.

  • This rule shall not apply to the production of images of Paper Cheques by HKICL for Group B Members in accordance with the Operating Procedures.

  • Members to whom direct credits are addressed will return within one Working Day to HKICL any direct credits which cannot be credited for any reasons as stipulated in the Operating Procedures or for any other reasons which make it impossible for a direct credit to be credited to an account.

  • These Clearing House Rules shall take effect from the date HKICL announces that they will take effect.

  • All such rights as may subsist in the participant codes are owned by HKICL and such codes may be used by it for all purposes connected with or incidental to its businesses.

  • The FPS Services are therefore subject to the rules, guidelines and procedures imposed by HKICL in relation to the Faster Payment System from time to time.


More Definitions of HKICL

HKICL means Hong Kong Interbank Clearing Limited, a private company jointly owned by the HKMA and the Hong Kong Association of Banks, which provides clearing and settlement services to all banks in Hong Kong and operates a central clearing and settlement system for the public and private debt securities on behalf of the HKMA, and its successors and assigns;
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HKICL means the Hong Kong Interbank Clearing Limited;
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HKICL means Hong Kong Interbank Clearing Limited, a company incorporated under the laws of Hong Kong, and its successors and assigns;
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HKICL means Hong Kong Interbank Clearing Limited, which expression shall include its successors and assigns.
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HKICL means Hong Kong Interbank Clearing Limited and its
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HKICL means Hong Kong Interbank Clearing Limited in Hong Kong.
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Related to HKICL

  • HKEx means Hong Kong Exchanges and Clearing Limited;

  • HKFE means the Hong Kong Futures Exchange Limited.

  • HKIAC means the Hong Kong International Arbitration Centre.

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • EU GDPR means the General Data Protection Regulation ((EU) 2016/679).

  • Companies Ordinance means the Companies Ordinance (Chapter 622 of the Laws of Hong Kong);

  • HKIAC Rules shall have the meaning ascribed to it in Section 10.13(a).

  • BVI means the British Virgin Islands.

  • Sweden means the Kingdom of Sweden and, when used in a geographical sense, includes the national territory, the territorial sea of Sweden as well as other maritime areas over which Sweden in accordance with international law exercises sovereign rights or jurisdiction;

  • Korea means the Republic of Korea.

  • Mainland China means the People’s Republic of China (excluding Hong Kong, Macau and Taiwan).

  • FCA : means the Financial Conduct Authority.

  • Poppy straw means all parts, except the seeds, of the opium poppy, after mowing.

  • TMDL means the total maximum daily load limitation of a parameter, representing the estimated assimilative capacity for a water body before other designated uses are adversely affected. Mathematically, it is the sum of wasteload allocations for point sources, load allocations for non-point and natural background sources, and a margin of safety.