Large-value funds transfer system: Difference between revisions

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A funds transfer system through which large-value and high priority funds transfers are made between participants in the system for their own account or on behalf of their customers.   
A funds transfer system through which large-value and high priority funds transfers are made between participants in the system for their own account or on behalf of their customers.   
Although, as a rule, no minimum value is set for the payments they carry, the average size of payments passed through such systems is usually relatively large.  
Although, as a rule, no minimum value is set for the payments they carry, the average size of payments passed through such systems is usually relatively large.  


Large-value funds transfer systems are sometimes known as wholesale funds transfer systems.
Large-value funds transfer systems are sometimes known as wholesale funds transfer systems.


== See also ==
== See also ==
* [[Funds transfer system]]
* [[Funds transfer system]]
* [[Payments and payment systems]]
* [[Transfer]]
* [[Transfer system]]
* [[Wholesale]]


[[Category:Cash_management]]
[[Category:Liquidity_management]]

Latest revision as of 18:16, 13 March 2023

A funds transfer system through which large-value and high priority funds transfers are made between participants in the system for their own account or on behalf of their customers.


Although, as a rule, no minimum value is set for the payments they carry, the average size of payments passed through such systems is usually relatively large.

Large-value funds transfer systems are sometimes known as wholesale funds transfer systems.


See also