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| (CH).
| | Service Level Agreement. |
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| ''Funds transfer''.
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| A formal or informal association of financial or other institutions that facilitates the exchange of items drawn on participants.
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| 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).
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| The institutions settle for items exchanged at a designated time based on the rules and procedures of the clearing house.
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| In some cases, the clearing house may assume significant counterparty, financial or risk management responsibilities for the clearing system.
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| == See also == | | == See also == |
| * [[Central counterparty]] | | * [[Service level agreement]] |
| * [[Clearing House Interbank Payment System]] | | * [[SLA partner banking]] |
| * [[Clearing system]] | | * [[QA]] |
| * [[LME Clear]]
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| * [[Central counterparty]]
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| [[Category:Cash_management]]
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Revision as of 14:09, 5 April 2016
Service Level Agreement.
See also
