Large-value funds transfer system

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

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