A "Payment Instruction" means an instruction given by CDP to a Settlement Bank to:
(a) place at the disposal of a Clearing Member by crediting a nominated account held by that Clearing Member at that Settlement Bank an amount of money to be debited from a nominated account held by CDP at that Settlement Bank; or
(b) place at the disposal of CDP by crediting a nominated account held by CDP at that Settlement Bank an amount of money to be debited from a nominated account held by a Clearing Member at that Settlement Bank.
The means by which a Payment Instruction may be communicated by CDP to a Settlement Bank shall be as agreed between CDP and the Settlement Bank.
Added on 26 April 201326 April 2013.