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imported>John Grout |
imported>Doug Williamson |
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| ''Accounting''.
| | Standard Settlement Instructions. |
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| This represents the amount of money ‘owed’ to the owner (shareholder) of the company.
| | These specify which named bank accounts are to be used for the receipt and payment of any settlement amounts under a bank dealing [[mandate]]. |
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| ''Banking''
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| Deposits maintained by non-[[central bank]] [[monetary financial institution]]s with their central bank in the latter's capacity as "the bankers' bank". Central banks may require institutions to maintain minimum balances with the central bank, in which case balances in excess of the minimum are known as "excess reserves". Of course banks publish accounts and use the term in the accounting sense also - do not be confused by this.
| | (Not to be confused with [[SSC]]s.) |
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| | | [[Category:Control_and_Reporting]] |
| == See also ==
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| * [[Merger reserve]]
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| * [[Official reserves]]
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| * [[Special drawing rights]]
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| * [[Interest on excess reserves]]
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Revision as of 09:32, 9 November 2013
Standard Settlement Instructions.
These specify which named bank accounts are to be used for the receipt and payment of any settlement amounts under a bank dealing mandate.
(Not to be confused with SSCs.)
