Whole Section

  • 6C.3 Cash Payments : Other Payment Methods

    • 6C.3.1

      Where any sum of money is to be paid pursuant to or in connection with these Clearing Rules, CDP may stipulate the payment method through which such payment is to be made and Clearing Members shall comply with such stipulation.

      Added on 26 April 201326 April 2013.

    • 6C.3.2

      Where any sum of money is paid pursuant to or in connection with these Clearing Rules through an Other Payment Method, such payment shall not be considered to have been made to the intended recipient until the payment sum is irrevocably and unconditionally received, in immediately available funds, in such account of the intended recipient as is nominated by the intended recipient.

      Added on 26 April 201326 April 2013.