Examples of SCCASS Optimiser Payment Instruction in a sentence
A SCCASS Optimiser Payment Instruction will be effected and settled through CHATS simultaneously with the Bulk Clearing Settlement Run for SCCASS Participant Items.
If the projected balance of a CHATS Ledger Account is found to be positive or zero, the gross amount of each Extracted SCCASS Optimiser Payment Instruction will be effected automatically through CHATS and settled pursuant to Rule 3.1.4. If a Member has a projected negative balance at the Final Cut-off time of a Bulk Clearing Settlement Run, that Member will be treated as being in default in the Bulk Clearing Settlement Run and the Default Arrangements set out in Schedule I shall apply.