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, 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.
More Definitions of RENTAS
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.
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
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 System(RENTAS) provides multi currency real time gross settlement of interbank funds transfer integrated with PayNet. “Reversal” means a transaction that:a) is initiated by a Biller to cancel an Erroneous Payment Instruction;b) may involve the making of a debit or credit adjustment to the account of the Payer to which the Erroneous PaymentInstruction relates; andc) may involve an adjustment to the bank account(s) of the Biller named in the Erroneous Payment Instruction, if funds from the Erroneous Payment Instruction has been applied to the bank account(s). “RRN” means Recipient Reference Number. “Scheme” a service offered by PayNet which facilitates industry wide ubiquitous Bill payments through the use of standard Biller Codes and RRN (Recipient Reference Numbers). “Scheme Operator” or “SO” The owner and the operator of the JomPAY Scheme. “Service” shall refer to the relevant HLB Business Internet Banking service as the context may require. “Security Device” means the Physical Token or eToken. “Security Codes” means the security credentials used to identify the Customer when the Customer accesses and utilises HLB Business Internet Banking, which includes the Admin ID, Company ID, User ID, Passwords, codes generated by the Security Device or such other devices approved by HLBB/HLISB and any other security codes that HLBB/HLISB mayissue/implement from time to time with prior notice to the Customer.
RENTAS means the scripless book-entry securities settlement and funds transfer system known as Real Time Electronic Transfer of Funds and Securities operated and managed by MyClear on behalf of BNM as varied, upgraded or substituted from time to time;