CORE system: Difference between revisions

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(Linked to The Treasurers Handbook - Payments and payment systems)
imported>Doug Williamson
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The CORE system (Compensation Retail) is a platform for interbank or ACH (Automated Clearing House) providing real-time processing of clearing and settlement services. Mainly used in France it replaced the Système Interbancaire de Télécompensation (SIT).
The CORE system (Compensation Retail) is a platform for interbank or ACH (Automated Clearing House) providing real-time processing of clearing and settlement services.  


It is managed by the company STET and is commonly called STET-CORE.   
It is mainly used in France and replaced the Système Interbancaire de Télécompensation (SIT).
 
The CORE system is managed by the company STET and is commonly called STET-CORE.   





Latest revision as of 14:18, 8 November 2017

The CORE system (Compensation Retail) is a platform for interbank or ACH (Automated Clearing House) providing real-time processing of clearing and settlement services.

It is mainly used in France and replaced the Système Interbancaire de Télécompensation (SIT).

The CORE system is managed by the company STET and is commonly called STET-CORE.


See also