Overlay bank

From ACT Wiki
Revision as of 14:20, 23 October 2012 by imported>Administrator (CSV import)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

The bank that provides an additional layer of bank accounts within a country to facilitate transfers between the operating local accounts and pooling structure accounts, with the aim of sweeping (notionally or effectively) the resulting balance cross-border into a central liquidity pool.

See also


Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Overlay_bank&oldid=35845’