Settlement institution: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson (Typo correction 'takes'.) |
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''Funds transfer''. | ''Funds transfer''. | ||
An institution across whose books transfer between participants | An institution across whose books transfer between participants takes place in order to achieve settlement within a settlement system. | ||
Revision as of 21:31, 10 August 2016
Funds transfer.
An institution across whose books transfer between participants takes place in order to achieve settlement within a settlement system.