RENTAS definition

RENTAS means Real Time Electronic Transfer of Funds and Securities System operated and managed on behalf of Bank Negara Malaysia.

RENTAS means the Real-time Electronic Transfer of Funds and Securities System. "Ringgit Malaysia" or "RM" means the lawful currency from time to time of Malaysia. "Settlement" has the same meaning as defined in the MyClear Rules.

RENTAS means Real-Time Electronic Transfer of Funds and Securities System (RENTAS) that provides multi-currency real time gross settlement of interbank funds transfer integrated with PayNet.

Examples of RENTAS in a sentence

• Upon payment via RENTAS, the Purchaser shall immediately forward the RENTAS Credit Payment Advice with the details above to the Assignee or to the Solicitors for the Assignee.

• The RENTAS Rules shall prevail to the extent of any inconsistency between the RENTAS Rules and the IPBM Code.

• LAS RENTAS CONTINGENTES SE RECONOCEN COMO GASTOS EN LOS PERIODOS EN LOS QUE SE INCURREN.

• For both creation and redemption of Units, the Manager shall not be held responsible for any delay/loss incurred in the event of: • Real Time Electronic Transfer of Funds and Securities (RENTAS) experiencing problems;• Any remittance of fund that does not correspond with the request promptly;• Inaccurate details (i.e NRIC number, account number etc) provided by the Unit Holder/s; or• Circumstances beyond the control of the Manager or the Trustee.

• Settlement of the balance purchase price: The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale by Bank Draft or Cashier’s Order drawn in favour of Maybank Islamic Berhad or by way of RENTAS directly into the account of Maybank Islamic Berhad.

More Definitions of RENTAS

RENTAS means Real Time Electronic Transfer of Funds and Securities, a real time gross settlement system for the transfer and settlement of high value ringgit denominated interbank funds and scripless securities transactions prescribed by Bank Negara Malaysia for use by financial institutions governed by Bank Negara Malaysia.

RENTAS means the Real Time Electronic Transfer of Funds and Securities System operated by Bank Negara Malaysia.

RENTAS means “Real Time Electronic Transfer of Funds and Securities”, which is a real time electronic funds and securities transfer system maintained by the BNM; /“RENTAS”是指“资金与证券实时电子转帐”，是国家银行实行的资金与证券实时电子转帐系统；

RENTAS means Real Time Electronic Transfer of Funds and Securities System, which is a scripless book-entry securities trading and funds transfer system maintained by BNM and as varied, upgraded or substituted from time to time by BNM.

RENTAS means Real Time Electronic Transfer of Funds and Securities

RENTAS means Real Time Electronics Transfer of Funds and Securities

RENTAS means the scripless book-entry securities trading and fundstransfer system known as Real Time Electronic Transfer of Funds and Securities System, operated and managed by PayNet on behalf of BNM;