IFT definition

IFT means funds transfers between participants, and includes funds transfers pursuant to settlement of cheque, IBG and FAST transactions; “intra-day MCB requirement” means the minimum amount of funds, if any, required to be maintained by a bank or a finance company between the start and the end of a business day of the same day, as part of its MCB requirement;
IFT means the Instituto Federal de Telecomunicaciones, the Mexican Federal Telecommunications Institute.
IFT means funds transfers between the participants, and includes funds transfers pursuant to settlement of cheque, IBG and FAST transactions;

Examples of IFT in a sentence

  • A participant shall prepare its IFT and SGSMB instructions and bundle them in separate files (one file for IFT instructions and another file for SGSMB instructions), and compute the hash values for its IFT and SGSMB files according to the procedures and formats specified in the MEPS+ Operations Manual and MEPS+ User Manuals.

  • A participant shall inform its counterparties of the breakdown and details of each IFT or SGSMB instruction.

  • A participant shall encrypt and zip the IFT and SGSMB files and their corresponding hash files before submitting to the Service Provider.

  • No other factors, methods or criteria shall be used other than specified in this IFT document for the Primary Procurement process.

  • The name and identification of this IFT are specified in the TDS.


More Definitions of IFT

IFT means an Internal Funds Transfer (IFT).
IFT means Interactive Flight Technologies, Inc., a Delaware corporation.
IFT means funds transfers between the participants, and includes funds transfers pursuant to settlement of cheque, IBG and FAST transactions; “intra-day MCB requirement” means the minimum amount of funds required to be maintained by banks between the start and the end of a business day of the same day, as part of their MCB requirement and as specified in the relevant Notice to Banks; “MAS” means the Monetary Authority of Singapore, a body corporate established under the Monetary Authority of Singapore Act (Cap. 186); “MAS Bills” means any debt securities issued by the Monetary Authority of Singapore under the Monetary Authority of Singapore Act (Cap. 186); “MAS Transaction” means any transaction initiated by MAS to debit an RTGS Account but shall not include any transaction for payment by a participant to MAS for allotment of SGSMB; “MASNET” means the financial communication network operated by MAS; “MCB” means the minimum cash balance required to be maintained under the Banking Act; “MCB funding period” means the period of time designated by MAS before the end of a business day during which a member bank shall have to meet such minimum MCB requirement at the end of a business day as specified in the relevant Notice to Banks; “member bank” means a bank which is approved by MAS pursuant to section 29A of the Monetary Authority of Singapore Act to participate in MEPS+; “member institution” means an institution which- (a) is not a bank; and
IFT means Instituto Federal de Telecomunicaciones (Federal Telecommunications Institute), the industry regulator created on June 11, 2013 that has absorbed all of the Cofetel’s functions;
IFT means Interbank fund transfer or Within Bank beneficiary fund transfer
IFT means Inter-Facility Transportation
IFT means funds transfers between the participants, and includes funds transfers pursuant to settlement of cheque, IBG and FAST transactions; “intra-day MCB requirement” means the minimum amount of funds required to be maintained by banks between the start and the end of a business day of the same day, as part of their MCB requirement and as specified in the relevant Notice to Banks; “MAS” means the Monetary Authority of Singapore, a body corporate established under the Monetary Authority of Singapore Act (Cap. 186); “MAS Bills” means any debt securities issued by the Monetary Authority of Singapore under the Monetary Authority of Singapore Act (Cap. 186); “MAS Transaction” means any transaction initiated by MAS to debit an RTGS Account but shall not include any transaction for payment by a participant to MAS for allotment of SGSMB; “MASNET” means the financial communication network operated by MAS; “MCB” means the minimum cash balance required to be maintained under the Banking Act;