6C.2.3

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CDP Clearing Rules

Rule 6C — Payments 6C.2 Cash Payments : Settlement Bank Payment

A "Confirmation" in relation to a Payment Instruction means a confirmation by a Settlement Bank to CDP that it will carry out that Payment Instruction.

The means by which a Confirmation shall be made or deemed to have been made and communicated by a Settlement Bank to CDP shall be as agreed between CDP and the Settlement Bank.

Added on 26 April 2013 26 April 2013.