Hard and Remote access to an IFTS: Difference between pages

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#A market is generally said to be hard if prices in the market are rising.
''Funds transfer''. 
#Hard measures are ones which are readily quantifiable, especially in money terms.  
The facility for a credit institution established in one country (home country) to become a direct participant in an interbank funds transfer system (IFTS) established in another country (host country) and, for that purpose, to have a settlement account in its own name with the central bank in the host country, without necessarily having established a branch in the host country.


== See also ==
* [[Interbank Funds Transfer System]]


== See also ==
* [[Hard call protection]]
* [[Hard currency]]
* [[Soft]]
* [[Commodity]]

Revision as of 14:20, 23 October 2012

Funds transfer. The facility for a credit institution established in one country (home country) to become a direct participant in an interbank funds transfer system (IFTS) established in another country (host country) and, for that purpose, to have a settlement account in its own name with the central bank in the host country, without necessarily having established a branch in the host country.

See also