Large-value funds transfer system

From ACT Wiki
Revision as of 18:16, 13 March 2023 by imported>Doug Williamson (Add links.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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.


See also