Australia's Payment System (Regulation) Act, 1998, section 11, gives the Reserve Bank the power to designate a payment system if it considers that to do so is in the public interest.

(d) Inter bank payment systems, inter bank payment agreements or clearance and settlement systems relating to securities or other financial assets or instruments

Big banks ability to extort such an arrangement stems from an implicit threat the financial sector and with it the economy s payment system would collapse if a systemically important bank were ever pushed into insolvency. But it is time to call the bankers bluff maintaining the payment system can and should be separated from the problem of bank insolvency.

The payment of the purchase price was guaranteed by a Belgian bank.

7. Mode of payment or reimbursement, for example, by cheque, bank transfer, etc. _

Owing to a mistake by Coop Bank, this payment was made in United States dollars to the Bank of New York.

Rwanda, too, has enacted regulations that eliminate exclusive agreements, opening doors for micro finance institutions to become payment service providers. The South African Reserve Bank has created a special platform within its national payment system for micro finance institutions and non banks.

According to the Law on the System of Payments and Payment Organizations the Money remittance transfer service can operate outside the banks only after being licensed by the Central Bank.

It's a system that really ties together all the transportation assets into a single payment system.

Further, Egypt states that the Cairo branch of the Rafidain Bank received payment orders after 2 July 1990 with a total value of less than half of the total value of payment orders received by the Bank of Alexandria and considerably less than the total value of payment orders received by the AAIB.

19. A payment scheme for the telephone system remains to be finalized.

(c) Foreign exchange transactions, inter bank payment systems, transfer of security rights and transfer of economic assets

The Algerian banking system does not favour this method of payment and transfer.

(h) To enhance control mechanisms that protect the payment systems, bank account balances and investments of the Organization

By using the Society, the United Nations no longer needs to rely on the proprietary payment systems of individual banks, avoiding maintenance of multiple payment systems in house and over reliance on a single bank for the Organization's payment needs.

(o) Receivable means a right to the payment of a monetary obligation, excluding, however, rights to payment evidenced by a negotiable instrument, the obligation to pay under an independent undertaking and the obligation of a bank to pay with respect to a bank account.

In the West Bank, the 25 per cent co payment rate had to be applied at all contracted hospitals.

WHYCOS World Hydrological Cycle Observing System (WMO World Bank)

P 1 ANNEX II Changes in the pension adjustment system I. Payment of the benefit

At present, more than 40,000 firms are using COMPRANET to consult data, access bidding bases and generate bank payment formats.

Disbursements from the World Bank, which is a major contributor to the programme, were blocked after Côte d'Ivoire stopped the payment of its loan arrears to the Bank in April 2004.

The People's Bank of China will continue to carry out the renewal of Payment Business License in accordance with the law.

The Assembly however, did approve a uniform system for the payment of honorariums to the recipients.

The lump sum system of payment under the legal aid programme has been evaluated by both tribunals.

Negotiations are being held with the World Bank to finance the system.

Likewise, in March 1998 the Agency adjusted the co payment rate at Qalqilia hospital in the West Bank to make it consistent with the 25 per cent co payment rate introduced earlier at all contracted hospitals Agency wide.

19. A presentation was made of an example of an electronic payment system (Digicash), which allowed experts to understand how such a system works in practice.

The People's Bank of China will handle the cancellation and renewal of the relevant Payment Business License after the business undertaking work is completed.

The World Bank and IMF are providing research contributions to the UNU WIDER project on Short term Capital Movements and Balance of Payment Crises.

Bank financed adjustment operations in Armenia, Azerbaijan, Georgia, and the Russian Federation are increasing payment rates in power sector and energy sector public utilities.

The evidence in the claim file includes payroll records and employment contracts, termination notices prepared by the claimant's personnel division, letters from the claimant to its bank requesting payment of the claimed amounts to the relevant employees and, in a number of cases, bank debit advices indicating that payment was made in accordance with the claimant's instructions.

When the association became insolvent and failed to pay the rent, the defendant resorted to the guaranty and received the outstanding payment from the bank.

(d) The introduction of a lump sum payment system for defence counsel for all pre trial activities as an alternative to the fixed hourly system currently in place.

In addition, a seed bank system was set up to sustain future seed availability.

Those meetings were attended by bank superintendents, central bank officials, representatives of the commercial banking system and academics from Latin America and other regions.

71. Miscellaneous other services. Unutilized resources of 75,600 under this item line owe to lower actual local and international bank charges in respect of bank transfers, and fees for the payment of cheques and transactions in foreign currency.

With the Digicash solution, the bank issues a serial number (encrypted code), which is equivalent to a digital signature, thereby offering immediacy of payment and privacy.

Payment

Payment

Payment

Payment.

Payment?

Ms. Chung asked a friend of hers who was a bank employee about the disposal of bank records and this employee indicated that all bank trash was simply left outside of the bank in a large bin (integrity of the system).

(b) (i) Transactions on a regulated exchange (ii) foreign exchange transactions (iii) inter bank payment systems, inter bank payment agreements or clearance and settlement systems relating to securities or other financial assets or instruments (iv) the transfer of security rights in sale, loan or holding of or agreement to repurchase securities or other financial assets or instruments held with an intermediary.

Provision of medicines (full payment or part payment) by pharmacies