Pari passu and Pay.UK: Difference between pages

Latest revision as of 09:02, 24 January 2022

Payments - UK.

Pay.UK operates the UK's national retail payment systems.

It is the holding company of:

Pay.UK is responsible for delivering the UK's New Payments Architecture.

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-Latin term meaning ‘equal in all respects’ and would indicate, for example, that one class of obligation will have the same rights and privileges as another class of obligation.
+''Payments - UK.''
+Pay.UK operates the UK's national retail payment systems.
+It is the holding company of:
+*Bacs Payment Schemes Limited
+*Cheque and Credit Clearing Company Limited
+*Faster Payments Scheme Limited
+*Mobile Payments Service Company Limited
+*UK Payments Administration Limited
+*UTSP Limited (Universal Trust Service Provider)
+Pay.UK is responsible for delivering the UK's New Payments Architecture.
 == See also ==
-* [[Negative pledge]]
+* [[BACS]]
-* [[Pari passu clause]]
+* [[Central infrastructure services]]
-* [[Obligation]]
+* [[Faster Payments Service]]
-* [[Seniority]]
+* [[New Payments Architecture]]
-* [[Subordination]]
+* [[NewCHAPS]]
+* [[Payment Systems Regulator]]
+* [[UK Payments Administration Ltd]]
+[[Category:The_business_context]]
+[[Category:Cash_management]]
+[[Category:Financial_products_and_markets]]
+[[Category:Liquidity_management]]
+[[Category:Technology]]