Large-value funds transfer system: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing 22/8/13) |
imported>Doug Williamson (Add links.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
A funds transfer system through which large-value and high priority funds transfers are made between participants in the system for their own account or on behalf of their customers. | A funds transfer system through which large-value and high priority funds transfers are made between participants in the system for their own account or on behalf of their customers. | ||
Although, as a rule, no minimum value is set for the payments they carry, the average size of payments passed through such systems is usually relatively large. | Although, as a rule, no minimum value is set for the payments they carry, the average size of payments passed through such systems is usually relatively large. | ||
| Line 8: | Line 9: | ||
== See also == | == See also == | ||
* [[Funds transfer system]] | * [[Funds transfer system]] | ||
* [[Payments and payment systems]] | |||
* [[Transfer]] | |||
* [[Transfer system]] | |||
* [[Wholesale]] | |||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 18:16, 13 March 2023
A funds transfer system through which large-value and high priority funds transfers are made between participants in the system for their own account or on behalf of their customers.
Although, as a rule, no minimum value is set for the payments they carry, the average size of payments passed through such systems is usually relatively large.
Large-value funds transfer systems are sometimes known as wholesale funds transfer systems.
