Gross settlement system: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
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* [[Settlement]] | * [[Settlement]] | ||
* [[Transfer system]] | * [[Transfer system]] | ||
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[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 16:32, 29 November 2014
A transfer system in which the settlement of funds or securities transfers occurs individually on an order-by-order basis according to the rules and procedures of the system, in other words without netting debits against credits.
