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| ''Banking''.
| | Repeated transfers in which the debit and credit parties and transaction description remain the same and only the amount and date of the transfer changes. |
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| The process of transmitting, reconciling and, in some cases, confirming payment orders or security transfer instructions prior to settlement, possibly including netting of instructions and the establishment of final positions for settlement.
| | Also referred to as a template payment. |
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| In the context of securities markets this process is often referred to as clearance.
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| Sometimes the term is used (imprecisely) to include settlement.
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| | | ==See also== |
| == See also == | | *[[Credit]] |
| * [[Accept giros]] | | *[[Debit]] |
| * [[Accounts receivable conversion]]
| | *[[Transfer]] |
| * [[Clearance]]
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| * [[Clearing bank]] | |
| * [[Clearing system]] | |
| * [[Settlement]]
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| * [[CertICM]]
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| [[Category:Cash_management]]
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Revision as of 15:12, 28 March 2016
Repeated transfers in which the debit and credit parties and transaction description remain the same and only the amount and date of the transfer changes.
Also referred to as a template payment.
See also
