Remedy and Remote access to an IFTS: Difference between pages

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A legal procedure used to enforce a right or to redress an injury.
''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 ==
== See also ==
* [[Damages]]
* [[Interbank Funds Transfer System]]
* [[Injunction]]
* [[Lien]]
* [[Petition]]
* [[Rescission]]
* [[Specific performance]]


[[Category:Compliance_and_audit]]

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