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