Reverse positive pay and Reverse repo: Difference between pages

Revision as of 09:05, 20 May 2013

Reverse repurchase agreement.

A repurchase agreement (repo) viewed from the perspective of the lender.

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-''Banking''.
+Reverse repurchase agreement.
-A service that transmits to the issuing company a file of cheques presented for payment. The issuing company matches the items on the list to its register data for cheque fraud control.
-The issuing company contacts the financial institution if any items are to be returned.
+A repurchase agreement (repo) viewed from the perspective of the lender.
 == See also ==
-* [[Positive pay]]
+* [[Repurchase agreement]]
-[[Category:Cash_management]]
-[[Category:Financial_products_and_markets]]
-[[Category:Liquidity_management]]