Participant in an FTS: Difference between revisions
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This generic term refers to an institution which is identified by a transfer system (for example by a bank identification number) and is allowed to send payment orders directly to the system or which is directly bound by the rules governing that transfer system. | This generic term refers to an institution which is identified by a transfer system (for example by a bank identification number) and is allowed to send payment orders directly to the system or which is directly bound by the rules governing that transfer system. | ||
== See also == | == See also == | ||
* [[Direct participant in an IFTS]] | * [[Direct participant in an IFTS]] | ||
* [[Indirect participant in an IFTS]] | * [[Indirect participant in an IFTS]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 21:15, 1 July 2022
A party which participates in a transfer system.
This generic term refers to an institution which is identified by a transfer system (for example by a bank identification number) and is allowed to send payment orders directly to the system or which is directly bound by the rules governing that transfer system.
