Multicurrency cross-border pooling and Online: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
No edit summary
 
imported>Doug Williamson
(Add links.)
 
Line 1: Line 1:
A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed.
1.
 
In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users through such electronic means as computer-to-computer interfaces or electronic terminals, which are entered into a transfer processing system by automated means.
 
 
2.
 
The term may also refer to the storage of data by a transfer processing system on a computer database so that the user has direct access to the data (frequently in real time) through input/output devices such as terminals.
 
 
3.
 
More generally, connected to another computer or electronic terminal. 
 
For example, connected to the internet.
 
 
4. ''Retail''.
 
Retail offerings to consumers via the internet, rather than in a physical shop.




== See also ==
== See also ==
* [[Cash concentration]]
* [[Data]]
* [[Cash management]]
* [[Database]]
* [[Deficit]]
* [[Offline]]
* [[Pooling]]
* [[Omnichannel]]
* [[CertICM]]
 
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Latest revision as of 12:19, 13 July 2022

1.

In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users through such electronic means as computer-to-computer interfaces or electronic terminals, which are entered into a transfer processing system by automated means.


2.

The term may also refer to the storage of data by a transfer processing system on a computer database so that the user has direct access to the data (frequently in real time) through input/output devices such as terminals.


3.

More generally, connected to another computer or electronic terminal.

For example, connected to the internet.


4. Retail.

Retail offerings to consumers via the internet, rather than in a physical shop.


See also