MPF Items definition

MPF Items means ECG Items for clearing submitted to HKICL by CMU members who are trustees of MPF Schemes in respect of payment instructions from one Member to another which are presented on Day D and settled on Day D+1.
Sample 1Sample 2Sample 3
MPF Items means ECG Items for clearing submitted to HKICL by CMU members who are trustees of MPF
Sample 1

Examples of MPF Items in a sentence

  • Lay-out requirements for electronic debits, credits, e-Cheques and the relevant information relating thereto, return of presented e-Cheques, Unpaid Articles of Autodebits, Unpaid Articles of MPF Items, Returned Articles of Autocredits, Returned Articles of E-bill Payments and Unpaid Articles in respect of e-Cheques exchanged between the Clearing House and Members by Electronic Media must comply with the specifications set out from time to time by HKICL.

Related to MPF Items

  • Exceptional Items means any material items of an unusual or non-recurring nature which represent gains or losses including those arising on:

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).