MANAGING THE RISKS OF PAYMENT SYSTEMS CHAPTER 4 pot

... U.C.C. § 4A-302(a). 60. U.C.C. § 4A-305. 61. U.C.C. § 4A -40 2(c). 62. U.C.C. § 4A -40 2(c) and (d). 63. Some authorities use the term payment to refer to the satis- faction of the obligation of the originator ... to apply when the bank has expressly agreed to pay the order. 44 . U.C.C. § 4A-305(e). 45 . Official Comment 4 to U.C.C. § 4A-305. 46 . For a complete discuss...

Ngày tải lên: 02/07/2014, 16:21

... Originator: Closing the Loop ACH Rule 4. 4 .4 requires the Receiver either (1) to credit the account of the Originator, as of the settlement date, with the amount of the entry credited to the Receiver’s ... Funds Transfers, 85.05 [4] [d]. 42 . ACH Rule 2.5.1. 43 . ACH Rule 13.1 .41 . 44 . ACH Rule 2 .4. 2. 45 . ACH Rule 2 .4. 5. 46 . ACH Rule 2.7.1. 47 . ACH Rule...

Ngày tải lên: 02/07/2014, 16:21

... encrypts the digest, uti- lizing the private key of the sender. The encrypted digest is the “digital signature.” The recipient of the message then uses the public key of the sender to decrypt the ... significant advantage of the use of a purchase card as part of an electronic procurement system is the ability of the card to authenticate the originator...

Ngày tải lên: 02/07/2014, 16:21

... Bank 1 04 Payment of the Beneficiary and Discharge of the Underlying Obligation between the Originating Company and the Beneficiary 1 04 Managing Risks in the Links of the Wire Transfer Payment ... the risks of the paperless payment systems. It is hoped that this book will contribute to the reader’s understanding of these systems. 5 New Frontie...

Ngày tải lên: 02/07/2014, 16:21

... (U.C.C.), discusses the operation, the governing law, and the risks of check systems. In the United States, before the automation of proof machines and clearing systems, checks were processed manually. Many ... debit to the Federal Reserve account of the sending bank and a credit to the Federal Reserve account of the receiving bank and is final when the Fed no...

Ngày tải lên: 02/07/2014, 16:21

... DEFINITIONS The drawer of the check is the customer of the bank. The drawer writes the check. The drawee is always the bank. The payee of the check is entitled to present the check for payment to the ... “Bounces”? If the bank “dishonors” a check— refuses to pay it the “suspension” of the obligation of the drawer to the payee stops and the holder...

Ngày tải lên: 02/07/2014, 16:21

... 2.11[3]. 24. U.C.C. § 4A -40 4(a). 25. U.C.C. § 4A -40 4(c). 26. 673 F.2d 951 (7th Cir. 1982). 27. Official Comment 2 to U.C.C. § 4A -40 4. 28. Official Comment 3 to U.C.C. § 4A -40 4. 29. U.C.C. § 4A -40 4(b). ... U.C.C. § 4A -40 6(b). 33. Official Comment 1 to U.C.C. § 4A -40 6. 34. Official Comment 2 to U.C.C. § 4A -40 6. 35. Official Comment 3 to U.C.C. § 4A -40 6. 36. See the last se...

Ngày tải lên: 02/07/2014, 16:21

... service offered. The risks of corporate payment systems are primarily and best managed by avoidance of risks preventing losses in the payment systems of both funds due to and due from the corpo- ration. ... well as to reduce the likelihood of the occurrence of the covered event. The goal of managing corporate payment systems risks is to ensure that...

Ngày tải lên: 02/07/2014, 16:21

... Gd(CPA-DO3A) – producedlethalityof17%and31%at 24- hourexpo- suresof100g/Land200g/L. 34 Thetoxicityofmetalsandtheirchelatesisinuencedbytheuptakeintothe organisms. The bioconcentration of rare earth elements ... ALGAE Figure 4. 5givestheinhibition[%]ofthegrowthofChlorella vulgaris after72hours exposure to gadobutrol on the basis of the biomass (integral) and the growth rate. Ino...

Ngày tải lên: 18/06/2014, 16:20

... to the front garden and clumb over the stile where you go through the high board fence. There was an inch of new snow on the ground, and I seen somebody's tracks. They had come up from the ... going to be. There is ways to keep off some kinds of bad luck, but this wasn't one of them kind; so I never tried to do anything, but just poked along low-spirited and on...

Ngày tải lên: 15/12/2013, 09:15