Delivery risk and SSIs: Difference between pages

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Standard Settlement Instructions.


The risk, on a payment date when each party has an obligation to make a payment, that one party will make its required payment but the other party will fail to do so.
These specify which named bank accounts are to be used for the receipt and payment of any settlement amounts, under a bank dealing [[mandate]].
 
== See also ==
* [[Risk]]


[[Category:Compliance_and_audit]]

Revision as of 22:39, 11 November 2013

Standard Settlement Instructions.

These specify which named bank accounts are to be used for the receipt and payment of any settlement amounts, under a bank dealing mandate.