in the creditor’s queue, BLOS tries to settle the incoming payment instructions independently. If BLOS fails to settle because of the RTGS a/c balance shortage, the incoming payment instruction is queued. Second, when the following event occurs, BLOS tries to settle the top-queued payment instructions using the same method as mentioned previously. - Increase in RTGS a/c balance - Change of a top-queued payment instruction (queue order can be changed by reordering, cancellation, and settlement) Third, when the designated time comes, MLOS tries to settle multi-combinations of queued payment instructions. The following chart shows the details of the MLOS algorithm. The removed queued payment instructions from the MLOS calculation process remain in the original order. CBM can set the number of MLOS times and the designated time by itself. Source: Preparatory Survey Team Figure 3-9 Overview of liquidity saving features 36