Industry Rules and Procedures definition

Industry Rules and Procedures means the rules and operating procedures governing the handling of e-Cheques adopted by the Clearing House and the banking industry from time to time.
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Industry Rules and Procedures means the rules and operating procedures governing the handling of e-Cheques adopted by the Relevant Clearing House and the banking industry from time to time;
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Industry Rules and Procedures means the rules and operating procedures governing the handling of e-Cheques developed or adopted by the Clearing House and the banking industry from time to time. “Payee Bank” means the bank at which a Payee Bank Account is held.
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Examples of Industry Rules and Procedures in a sentence

  • All arbitration shall be administered by the AAA in accordance with its Wireless Industry Rules and Procedures in effect at the time the claim is filed.

  • The AAA Wireless Industry Rules and Procedures are available at xxx.xxx.xxx or by calling 0-000-000-0000.

  • The AAA Wireless Industry Rules and Procedures are available at www.adr.org or by calling 1-800-778-7879.

  • Handling of e-Cheques6.1 The Customer understands that the Bank and other banks have to follow the Industry Rules and Procedures in the handling, processing, presentment, payment, collection, clearance and settlement of e-Cheques drawn by the Customer or payable to the Customer.

  • All arbitration shall be administered by the American Arbitration Association (the “AAA”) in accordance with its Wireless Industry Rules and Procedures (the “Arbitration Rules”) in effect at the time the Claim is filed.

  • All arbitration shall be administered by the AAA in accordance with its Wireless Industry Rules and Procedures in effect at the time theclaim is filed.

  • Each e-Cheque is only required to be presented by sending it in the form of an electronic record in accordance with the Industry Rules and Procedures.

  • The Customer understands that the Bank and other banks have to follow the Industry Rules and Procedures in the handling, processing, presentment, payment, collection, clearance and settlement of e-Cheques payable to the Customer.

  • Accordingly, we are entitled to collect any e-Cheque payable to you by presenting that e-Cheque to the Payer Bank in accordance with the Industry Rules and Procedures even if the Bills of Exchange Ordinance may not expressly provide for presentment of e-Cheques or may specify other manner for presentment of cheques.

  • AAA”) in accordance with its Wireless Industry Rules and Procedures in effect at the time the demand for arbitration is filed.


More Definitions of Industry Rules and Procedures

Industry Rules and Procedures means the rules and operating procedures governing
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Industry Rules and Procedures means the rules and operating procedures governing the handling of e-Cheques adopted by the Clearing House and the banking industry from time to time. “Payee Bank” means the bank at which a Payee Bank Account is held. “Payee Bank Account” means, in respect of each e-Cheque presented for deposit using the e-Cheques Deposit Services, the bank account of the payee of the e-Cheque maintained with the Bank into which the e-Cheque is to be deposited which may be a sole name or a joint name account of the payee. “Payer Bank” means the bank which digitally signed an e-Cheque created by its customer. “Customer” means each customer to whom the Bank provides e-Cheques Services and, where the context permits, includes any person authorized by the customer to sign e-Cheques on behalf of the customer from time to time. B. Nature and scope of e-Cheques Services (a) The Bank may provide e-Cheques Services (whether in whole or in part) at the Bank’s discretion. If the Bank provides e-Cheques Services to the Customer, the Customer may issue e-Cheques and/or deposit e-Cheques. In order to use the e-Cheques Services, the Customer has to provide such information and documents and accept such terms and conditions which may be required or prescribed by the Bank and the Clearing House respectively from time to time. The Customer may also be required to sign forms and documents prescribed by the Bank from time to time. (b) e-Cheques Issuance Services allow the Customer to issue e-Cheques drawn on the Bank, in accordance with Clause 3 below. (c) e-Cheques Deposit Services allow the Customer and other persons to present e-Cheques (whether payable to the Customer and/or any other holder of the Payee Bank Account) for deposit with the Bank (as Payee Bank), using the e-Cheque Drop Box Service offered by the Clearing House or using the Bank’s Deposit Channels, in accordance with Clause 4 below. (d) The Bank may provide e-Cheques Services relating to e-Cheques that are issued in any currency specified by the Bank from time to time, including Hong Kong dollars, US dollars or Renminbi. the conditions for using the e-Cheques Services. These conditions may include (but without limitation) the following (or any of them) by giving prior notice to the Customer: (i) the service hours of the e-Cheques Services (including cut-off times for issuing, countermanding or presenting e-Cheques); (ii) any maximum total amount or total number of e-Cheques which the Customer may issue in any specified perio...
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Industry Rules and Procedures means the rules and operating procedures governing the handling of e-Cheques developed and adopted
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Related to Industry Rules and Procedures

  • HIPAA Rules means the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.

  • railway operational procedures means procedures specified under any access agreement (as defined in the Railways Act 1993) or station lease;