Certificate of deposit and MIF: Difference between pages

Revision as of 14:35, 17 May 2019

Multilateral Interchange Fee.

A fee on payment card transactions, based on the value of the transaction.

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-(CD).
+Multilateral Interchange Fee.
-CDs evidence fixed maturity time deposits with issuing banks or other deposit-taking institutions.
+A fee on payment card transactions, based on the value of the transaction.
-Maturities range from less than a week to five years.
-They are normally negotiable and enjoy a liquid secondary market.
+== See also ==
+* [[Ad valorem]]
+* [[Credit]]
+* [[Credit card]]
+* [[Debit card]]
+* [[PSR]]
-== See also ==
-* [[Bill of exchange]]
-* [[Interest-bearing instruments]]
-* [[Jumbo certificate of deposit]]
-* [[Yankee CD]]
-[[Category:Long_term_funding]]
+===Other links===
-[[Category:Liquidity_management]]
+[https://www.treasurers.org/ACTmedia/ACT_response_PSR_CFI%2015_1_Card_Payment_Systems_0.pdf ACT's response to Payment Systems Regulator about card payment systems, July 2015]