International Banking Facilities and Netting centre: Difference between pages

Revision as of 08:16, 24 May 2015

An essential part of a multilateral netting system.

The netting centre acts as a counterparty to all of the participants in the multilateral netting system.

In a group of companies, the netting centre is usually operated by the central or regional treasury centre.

The netting centre typically handles all foreign exchange exposures as well as foreign exchange trading.

@@ Line 1: / Line 1: @@
-''US banking''.
+An essential part of a multilateral netting system.
-(IBFs).
+The netting centre acts as a counterparty to all of the participants in the multilateral netting system.
-Free monetary zones in the United States that can be established by certain corporations and by US branches and agencies of foreign banks.
+In a group of companies, the netting centre is usually operated by the central or regional treasury centre.
-The IBFs accepting foreign deposits are exempted from reserve requirements and interest rate restrictions and can make loans to foreign borrowers.
-The impact of their operations is that some dollars deposited in time deposits in the United States effectively become Eurodollars.
+The netting centre typically handles all foreign exchange exposures as well as foreign exchange trading.
 == See also ==
-* [[Eurodollars]]
+* [[Counterparty]]
-* [[Time deposits]]
+* [[Multilateral netting]]
+* [[Multilateral net settlement system]]
-[[Category:Corporate_financial_management]]
+* [[Netting]]
+* [[Payments and payment systems]]