JETCO Items definition

JETCO Items means payment instructions for net settlement regarding transactions processed by JETCO for its members, generated by JETCO which are presented on Day D and settled on Day D + 1.

Examples of JETCO Items in a sentence

  • Details of the Settlement Process are set out in the Default Arrangement, except in relation to JETCO Items, SJET Items, Credit Card Items and OTC Items where the details are set out in Part IV, Part V and Part VI below.

  • For JETCO Items, JETCO shall merge the unprocessed JETCO Items into the next Working Day’s JETCO Items and, on the next Working Day, provide to the Clearing House a settlement file containing the net settlement amounts for both sets of JETCO Items.

  • This Rule 7.1.5 applies to Paper Cheques initially exchanged between Group A Members pursuant to Rule 7.1.9, but does not apply to JETCO Items, SJET Items and Credit Card Items.

  • This Rule 7.2.2 does not apply to JETCO Items and Credit Card Items.

  • On this basis, we believe that our sample of 279 answers is a sufficient base for further analysis.

  • JETCO will, in accordance with Schedule III Part I Section E, provide to HKICL a settlement file containing the net settlement amounts for JETCO Items for that Working Day and for the preceding Working Day (excluding transactions relating to the insolvent member of JETCO (not being a Member) in respect of the preceding Working Day).

  • This Rule 7.1.6 does not apply to JETCO Items, SJET Items, Credit Card Items, CCASS Participant Items, E-bill Payments, Returned Articles of E-bill Payments, SCCASS Participant Items and OTC Items.

  • Part III of this Schedule does not apply to JETCO Items and SJET Items.

  • Inter-Member settlement for JETCO Items and SJET Items will be effected in accordance with the timetable set out in Part II above.

  • The process for the settlement of JETCO Items and SJET Items are set out in Part IV of Schedule III.

Related to JETCO Items

  • Disposable income means that part of the income due and payable of any individual remaining