SWIS Clearinghouse definition

SWIS Clearinghouse is the central processing operation through which SWIS Requests, Queries, Replies, and Results are processed. The SWIS Clearinghouse may be operated by the ICON grantee or its Operations Contractor.

Examples of SWIS Clearinghouse in a sentence

  • Answer: No. The SWIS Clearinghouse sends the Result only to the employee account of the Access PACIA that submitted the Request, not to multiple accounts.

  • A Non-Access PACIA also is a party to the SWIS Agreement, but does not request Wage Data directly from the SWIS Clearinghouse; rather, the Non-Access PACIA obtains Wage Data when a query is made by an Access PACIA on its behalf and a result is transmitted from the SWIS Clearinghouse to the Access PACIA, and subsequently, from the Access PACIA to the Non-Access PACIA.

  • If Wage Data were returned from the SWIS Clearinghouse, the PACIA would start adding this information to the wage table for that participant immediately.

  • Answer: After an Access PACIA submits a Request to the SWIS Clearinghouse for Wage Data and the SWIS Clearinghouse subsequently submits a Query to the SUIA in a participating State identified as having Wage Data associated with the SSNs contained in the Request, the SUIA responds by sending the matched Wage Data back to the SWIS Clearinghouse (the term used in the SWIS Agreement for this is a “Reply”).

  • Answer: For purposes of the SWIS, an Access PACIA is the party to the Agreement that may request Wage Data from the SWIS Clearinghouse.

  • After verifying the source of the Reply and extracting and temporarily storing the Wage Data, the SWIS Clearinghouse transmits the matching Wage Data only (defined as a “Result”) to the Access PACIA that submitted the Request.

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  • Answer: Under the SWIS, there are two types of PACIAs – Access PACIAs and Non- Access PACIAs. An Access PACIA is a party to the SWIS Agreement that requests Wage Data from the SWIS Clearinghouse directly, either for its own purpose or for the benefit of another entity as permitted under the SWIS Agreement.

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  • Sign the SWIS Agreement as Access PACIAs, which allows the State Agency to query the Interstate Connection Network (ICON) system via the SWIS Clearinghouse on their own behalf for purposes outlined in the Agreement (i.e., for satisfying performance reporting requirements), as well as on behalf of other authorized entities (i.e., Non-Access PACIAs or Third-Party Entities (TPEs)) for authorized purposes; or2.

Related to SWIS Clearinghouse

  • Clearinghouse means the Federal Motor Carrier Safety Administration Commercial Driver's License Drug and Alcohol Clearinghouse.

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other customary cash management arrangements.

  • ACH means automated clearing house transfers.

  • Clearing House means a clearing house recognised by the laws of the jurisdiction in which the Shares (or depositary receipts therefor) are listed or quoted on a stock exchange or interdealer quotation system in such jurisdiction.

  • recognised clearing house means an organisation recognised as such pursuant to FSMA;

  • Automated Clearing House or “ACH” means a national and governmental organization that has authority to process electronic payments, including, but not limited to, the national automated clearing house association and the federal reserve system.

  • Interstate system means that portion of the national system of interstate and defense highways, located within this state, as officially designated, or as may hereafter be designated, by the commissioner, and approved by the secretary of transportation of the United States, pursuant to title 23 of the United States Code;

  • ACH Transactions means any cash management or related services including the automatic clearing house transfer of funds by the Bank for the account of any Borrower pursuant to agreement or overdrafts.

  • Cash Management System shall have the meaning assigned to such term in Section 9.01.

  • EFT means electronic funds transfer.

  • Cash Management Systems has the meaning ascribed to it in Section 1.8.

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.

  • Cash Management Order means the order of the Bankruptcy Court entered in the Chapter 11 Case, together with all extensions, modifications and amendments that are in form and substance acceptable to the Agent in its Permitted Discretion, which, among other matters, authorizes the Loan Parties to use their cash management system, substantially in the form of Exhibit H.

  • Cleared UCAP means the amount of MW (rounded down to the nearest tenth of a MW) that had been subject to an Offer Floor but has cleared in accordance with Section 23.4.5.7.

  • Debit means a charge or an amount of money somebody must pay. If we debit money to you or debit money to your account, that money is then added to the unpaid balance and the unpaid balance becomes larger. In this case “charge” and “debit” have similar meanings.

  • Overdraft means any payment or transfer of funds on behalf of a Fund or series of a Fund for which there are, at the close of business on the date of such payment or transfer, insufficient funds held by the Custodian on behalf of such Fund or series thereof.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Clearing House Rules means the Certificate of Incorporation, the By- Laws and any rule, interpretation, stated policy, or instrument corresponding to any of the foregoing, in each case as adopted or amended from time to time by the Clearing House relating to any or all of the Swaps.

  • Investment Services means the Investment Services under the Company’s CIF license which can be found in the document “Company Information” on the Website.

  • Austraclear Regulations means the rules and regulations established by Austraclear (as amended or replaced from time to time) to govern the use of the Austraclear System.

  • Fundserv means the facility maintained and operated by Fundserv Inc. for electronic communication with participating companies, including the receiving of orders, order match, contracting, registrations, settlement of orders, transmission of confirmation of purchases, and the redemption of investments or instruments.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. The suffix is assigned at the discretion of the commercial, nonprofit, or Government entity to establish additional System for Award Management records for identifying alternative EFT accounts (see subpart 32.11) for the same entity.