CHATS definition

CHATS means the computer based Clearing House Automated Transfer System owned and operated in Hong Kong by HKICL for (i) the automated electronic processing and settlement of funds transfers including credit and debit transfers effected by MA directly in a Member’s CHATS Ledger Account as described in Rules 6.3.10 to 6.3.13; (ii) the automated electronic processing and settlement of funds transfers by virtue of Special Posting or End of Day Net Settlement; and (iii) the processing and settlement of inter-Member funds in respect of the clearing and settlement of Articles.
CHATS means the Child Care Automated Tracking System.
CHATS means the computer based Clearing House Automated Transfer System owned and operated in Hong Kong by HKICL for (i) the automated electronic processing and settlement of funds transfers including credit and debit transfers effected by CB directly in a Member’s CHATS Ledger Account as described in Rules 6.3.9 to 6.3.12; (ii) the automated electronic processing and settlement of funds transfers by virtue of Special Posting; and

Examples of CHATS in a sentence

  • The Bank reserves the right to determine effecting the transfer either by Clearing House Automated Transfer System (CHATS) (if the Beneficiary Bank is a registered Direct Participant of the local clearing in HKSAR) or by telegraphic transfer.

  • The CPIs information will be included in the Electronic CHATS Payment Instruction Report (CSEPI03).

  • For the avoidance of doubt, the Bank reserves the right to determine effecting any payment or fund transfer instructions by Clearing House Automated Transfer System (CHATS) or by telegraphic transfer.

  • This provision shall not apply to CHATS Payment Instructions Value Today in the Pending Queue.

  • The IILF shall be made available through CHATS between the CHATS Commencement and CHATS Value Date Cut-off by Liquidity Providers to Liquidity Consumers in accordance with this Rule.


More Definitions of CHATS

CHATS means Clearing House Automated Transfer System operated by Hong Kong Interbank Clearing Limited ;
CHATS means the computer based Clearing House Automated Transfer System in Hong Kong dollars provided, owned, operated and managed in Hong Kong by HKICL.
CHATS means the computer based Clearing House Automated Transfer System in Renminbi provided, owned, operated and managed in Hong Kong by HKICL.
CHATS. Ignore" a specific subscriber so that you no longer display what he or she types.
CHATS means the computer based Clearing House Automated Transfer System provided, owned, operated and managed in Hong Kong by the Clearing House;
CHATS means Clearing House Automated Transfer System;
CHATS means the Clearing House Automated Transfer System operated by Hong Kong Interbank Clearing Limited;