Jump to the main content block
Laws and Regulations Database of the Central Bank of the Republic of China-Circulars

Circulars

Summary:To promulgate the "Directions on the Operation of Disc Transactions for CBC Interbank Funds Transfer and Settlement System". Open new window for Chinese

Ref. No:1998.6.3 (87)Tai-Yang-Ye-Tze No. 0200568

Subject: 
Please note that disc transactions for CBC Interbank Funds Transfer and Settlement 
System shall be implemented from June 15, 1998, and the "Directions on the 
Operations of Disc Transactions for CBC Interbank Funds Transfer and Settlement 
System" is promulgated.

Explanations:
1.When the computer equipment of an online institution malfunctions or its line 
 connections are interrupted, resulting in the online institution's inability to 
 immediately resume online funds transfers in the CBC Interbank Funds Transfer 
 System, the online institution may produce disc records in place of current 
 manual payment processing.
2.For conducting disc transactions, the online institution shall comply with the 
 "Directions on the Operation of Disc Transactions for CBC Interbank Funds 
 Transfer and Settlement System".

Attachment

    :::