Service Overview
Apart from the above payment systems, Hong Kong Interbank Clearing Limited also operates the computer system of the Central Moneymarkets Unit (CMU), a central clearing and settlement system for public and private debt securities, on behalf of the Hong Kong Monetary Authority.
Seamless interface between the CMU and the HKD, USD, Euro and Renminbi Real Time Gross Settlement interbank payment system were established. This enables the CMU system to provide for its members real time and end-of day Delivery versus Payment services.