CORE system

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Revision as of 16:54, 29 November 2014 by imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems)
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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).

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


See also

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