Clearing house and Report card: Difference between pages

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(CH).
A quantitative ranking of a financial institution’s level of service and customer responsiveness.  


''Funds transfer''. 
The use of report cards is widely applied to measure financial institutions’ service levels.
 
A formal or informal association of financial or other institutions that facilitates the exchange of items drawn on participants. 
 
This exists via a central location or central processing mechanism through which financial institutions agree to exchange payment instructions or other financial obligations (for example securities).
 
The institutions settle for items exchanged at a designated time based on the rules and procedures of the clearing house.
 
 
In some cases, the clearing house may assume significant counterparty, financial or risk management responsibilities for the clearing system.




== See also ==
== See also ==
* [[Central counterparty]]
* [[Key performance indicator ]]
* [[Clearing House Interbank Payment System]]
* [[Service level agreement]]
* [[Clearing system]]
* [[LME Clear]]
* [[Central counterparty]]


[[Category:Cash_management]]
[[Category:Compliance_and_audit]]

Revision as of 09:46, 9 October 2013

A quantitative ranking of a financial institution’s level of service and customer responsiveness.

The use of report cards is widely applied to measure financial institutions’ service levels.


See also