Remote access to an IFTS: Difference between revisions
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* [[Interbank Funds Transfer System]] | * [[Interbank Funds Transfer System]] | ||
* [[Settlement account]] | * [[Settlement account]] | ||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 08:21, 2 July 2022
Funds transfer.
The facility for a credit institution established in one country (home country) to become a direct participant in an interbank funds transfer system (IFTS) established in another country (host country) and, for that purpose, to have a settlement account in its own name with the central bank in the host country, without necessarily having established a branch in the host country.
