Debit transfer system: Difference between revisions
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== See also == | == See also == | ||
* [[Cheque]] | |||
* [[Credit transfer]] | * [[Credit transfer]] | ||
* [[Credit transfer system]] | * [[Credit transfer system]] | ||
* [[Debit]] | |||
* [[Payee]] | |||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[Payor]] | |||
* [[Transfer]] | |||
* [[Transfer system]] | |||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
[[Category:Liquidity_management]] | [[Category:Liquidity_management]] | ||
Latest revision as of 18:06, 13 March 2023
Funds transfer.
A funds transfer system in which debit collection orders made or authorised by the payor move from the bank of the payee to the bank of the payor and result in a charge (debit) to the account of the payor; for example cheque-based systems are typical debit transfer systems.
Also known as Debit collection system.
