Participant in an FTS: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson (Layout.) |
||
| Line 2: | Line 2: | ||
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]] | ||
Revision as of 11:15, 22 June 2016
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.
