Interbank Funds Transfer System

(IFTS).

A funds transfer system in which most (or all) direct participants are credit institutions.

See also

• Caps
• Clearing House Interbank Payment System
• Credit institution
• Direct participant in an IFTS
• Funds transfer system
• Indirect participant in an IFTS
• Payment system
• Remote access to an IFTS
• Securities settlement system
• Settlement account
• Transfer
• Transfer system