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Our
Ref.: G12/72C
21 October 1999
The Chief Executive
All Restricted Licence Banks
Dear Sir/Madam,
Survey on HK$ Settlement Need of Restricted Licence
Banks
I am writing to seek your assistance in estimating
the number and value of Hong Kong dollar transactions that Restricted
Licence Banks (RLBs) are likely to settle through the Real Time Gross
Settlement System, if they are approved by the Hong Kong Monetary Authority
to join the system. This information is useful for consideration by
the HKMA in relation to the admission criteria for access to the RTGS.
We would be most grateful if your institution can complete
the enclosed survey, which should be self-explanatory, and return it
to me by fax on or before 28 October 1999.
Should you have any queries about the survey, please
feel free to contact Mr Raymond Chan at 2878 1846.
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Yours faithfully,
Edmond Lau
Head, Banking Development Division
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To: Mr Edmond Lau
Head, Banking Development Division
Hong Kong Monetary Authority
Fax no: 2878 1899
Name of RLB: ___________________________________________
| Transactions
through correspondent bank involving HK$ settlement |
For the six months
ended 30.9.1999
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|
Total number of transactions
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Total value of transactions
(HK$ million)
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| Money market
transactions* |
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| Foreign exchange
transactions# |
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| Securities transactions@ |
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| Customer transfers |
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| Others (please
specify) |
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| Total |
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* Disbursement and repayment of inter-bank loans should be treated
as two separate transactions and the value of transactions should
be counted twice.
# Each leg of foreign exchange swaps involving HK$ should be counted
as one transaction.
@ Money leg only.
Signature: ______________________
Name of Chief Executive: ______________________
Date: ______________________
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