Gross settlement system: Difference between revisions
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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. | 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. | ||
== See also == | == See also == | ||
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* [[Net settlement]] | * [[Net settlement]] | ||
* [[Net settlement system]] | * [[Net settlement system]] | ||
* [[Payments and payment systems]] | |||
* [[Real-time gross settlement system]] | * [[Real-time gross settlement system]] | ||
* [[Settlement]] | * [[Settlement]] | ||
* [[Transfer]] | |||
* [[Transfer system]] | * [[Transfer system]] | ||
[[Category:Cash_management]] | |||
Latest revision as of 18:14, 13 March 2023
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.
