Lockdown and Settlement account: Difference between pages

Revision as of 14:10, 30 August 2016

1. Central banking - Bank of England.

An account held by a direct participant in a payment or settlement system, held at the Bank of England, for the purpose of making related payments.

A reserves account already held at the Bank of England may be used as a settlement account.

2.

Similar accounts held at other central banks.

@@ Line 1: / Line 1: @@
-. ''COVID-19.''
+. ''Central banking - Bank of England.''
-Severe restrictions on people's movement and public gatherings, together with the closure of non-essential businesses and the cancellation of events, designed to reduce the spread of COVID-19.
+An account held by a direct participant in a payment or settlement system, held at the Bank of England, for the purpose of making related payments.
+A reserves account already held at the Bank of England may be used as a settlement account.
 .
-Any emergency measure or condition in which people are temporarily prevented from entering or leaving a restricted area or building, during a threat.
+Similar accounts held at other central banks.
-.
-The confinement of prisoners to their cells for all or most of the day, as a temporary security measure.
-==See also==
-*[[Business continuity plan]]
-*[[COVID-19]]
-*[[Disaster recovery planning]]
-*[[Epidemic]]
-*[[Pandemic]]
-*[[WFH]]
-[[Category:Accounting,_tax_and_regulation]]
+== See also ==
-[[Category:The_business_context]]
+* [[Bank of England]]
-[[Category:Financial_products_and_markets]]
+* [[Central bank]]
-[[Category:Liquidity_management]]
+* [[Gross settlement system]]
+* [[Payments and payment systems]]
+* [[Real-time gross settlement system]]
+* [[Reserves account]]