settlement fund
1.To make full use of the advanced settlement network and the advantage of the entire banking system, our bank provides such network settlement services for large enterprises and corporations as internal fund transfer, account inquiry, agency clearing and so on.
2.The domestic custodian shall open settlement account for overseas use of foreign exchange insurance funds and securities custody account at the overseas escrow agent for fund settlement and securities custody with overseas securities registration and settlement institutions.
3.Article 5 The assets formed by payments for the enterprise annuity fund and by the operation of the annuity fund shall include the monetary funds, settlement accounts receivable of securities, interests receivable, purchases of resale securities, other receivables, bond investments, fund investments, stock investments and other investments.
4.To better match the fund settlement cycle of the enterprises, CMB Commercial Cards can provide different billing dates for enterprises to choose.
5.In Hong Kong, the monetary base includes the amount of bank notes and coins issued, the balance of clearing accounts of the licensed banks held with the HKMA for the account of the Exchange Fund for the purpose of effecting the clearing and settlement of transactions between the banks themselves and also between the currency board and the banks (the Aggregate Balance), and the outstanding amount of Exchange Fund Bills and Notes.
6.In Hong Kong, the monetary base includes the amount of bank notes and coins issued, the Aggregate Balance (which is the sum of the clearing balances of the licensed banks held with the HKMA for the purpose of effecting the clearing and settlement of transactions between the banks themselves and also between the HKMA and the banks), and the outstanding amount of Exchange Fund Bills and Notes.
