Remote participant
From ACT Wiki
Funds transfer.
An institution established in one country (home country) which participates in a transfer system of another country (host country) without necessarily having established a branch in the host country.
In the event that the remote participant has established a branch in the host country, it does not participate in the transfer system of the host country via this branch.
See also
- [[Branch]
- Institution
- Transfer
- Transfer system
