CORE system: Difference between revisions
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The CORE system (Compensation Retail) is a platform for interbank or ACH (Automated Clearing House) providing real-time processing of clearing and settlement services. Mainly used in France it replaced the Système Interbancaire de Télécompensation (SIT). | The CORE system (Compensation Retail) is a platform for interbank or ACH (Automated Clearing House) providing real-time processing of clearing and settlement services. Mainly used in France it replaced the Système Interbancaire de Télécompensation (SIT). | ||
It is managed by the company STET and is commonly called STET-CORE. | It is managed by the company STET and is commonly called STET-CORE. | ||
== See also == | == See also == | ||
* [[Automated clearing house system]] | * [[Automated clearing house system]] | ||
Revision as of 11:24, 5 May 2013
The CORE system (Compensation Retail) is a platform for interbank or ACH (Automated Clearing House) providing real-time processing of clearing and settlement services. Mainly used in France it replaced the Système Interbancaire de Télécompensation (SIT).
It is managed by the company STET and is commonly called STET-CORE.
