Remote access to an IFTS: Difference between revisions

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== See also ==
== See also ==
* [[Interbank Funds Transfer System]]
* [[Interbank Funds Transfer System]]
* [[Settlement account]]

Revision as of 13:56, 30 August 2016

Funds transfer.

The facility for a credit institution established in one country (home country) to become a direct participant in an interbank funds transfer system (IFTS) established in another country (host country) and, for that purpose, to have a settlement account in its own name with the central bank in the host country, without necessarily having established a branch in the host country.


See also