TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MEMBER CLEARING GROUP [3 records]

Record 1 1997-01-01

English

Subject field(s)
  • Banking

French

Domaine(s)
  • Banque
OBS

Source(s) : c. 45, s. 480.

Spanish

Save record 1

Record 2 1993-10-13

English

Subject field(s)
  • Banking
CONT

A bank may enter into a transaction with a related party of the bank of the transaction consists of a deposit by the bank with a financial institution that is a direct clearer or a member of a clearing group under the by-laws of the Canadian Payments Association and the deposit is made for clearing purposes. [Bank Act].

French

Domaine(s)
  • Banque
CONT

Est également permise l'opération consistant en un dépôt effectué, pour compensation, par la banque auprès d'une institution financière qui est un adhérent ou un membre d'un groupe de compensation aux termes des règlements administratifs de l'Association canadienne des paiements. [Loi sur les banques].

Spanish

Save record 2

Record 3 1988-12-23

English

Subject field(s)
  • Banking
DEF

... each institution, other than a member of a Group, that(i) is a Member or is eligible to be a Member in accordance with the Canadian Payments Association Act, and(ii) settles for items drawn on or payable by it through a settlement account with a Clearing Agent;...

French

Domaine(s)
  • Banque

Spanish

Save record 3

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