PAY IN AND PAY OUT IN SETTLEMENTS

[abhishreshthaa]

Settlement – Pay In


Pay-in will take place on date as specified in Settlement Calendar


Commodities:

Seller ensures demat of commodities prior to Pay-in

Instruction to DP by seller to move commodities to Clearing Member Pool Account

Pay-in of commodities on Settlement Date thru Clearing member pool account


Funds:

Pay-in of funds – Thru the Clearing bank of the Member on the Pay-in day



Settlement – Pay out


Pay-out will take place on date as specified in Settlement Calendar
Commodities

Credit given into the Buyer member CM Pool A/c

Instruction by Member to transfer from CM pool to buyer client’s Demat account

Subsequent remat of commodities and physical movement handled by buyer
Funds


Funds
pay-out is done into the designated bank account of the Member with the Clearing bank

 

[Business-education]

Meaning and Definition of Pay In

To put money into your bank account

Meaning and definition of Pay out

The expected financial return from an investment over a given period of time. Payout may be expressed on an overall or periodic basis as either a percentage of the investment's cost or in a real dollar amount. Payout can also refer to the period of time in which an investment or a project is expected to recoup its initial capital investment and become minimally profitable.