Faster Payments Service and Funding: Difference between pages

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(FPS).  
1.


UK process for electronic payments, typically made via the internet or phone, to be processed in hours rather than days.  
Medium to longer term borrowing by a non-financial undertaking to meet its operational needs.


It allows credit transfers and standing orders to be paid in near real time. There is a maximum transaction amount. It is operated by VocaLink 24 hours a day, 7 days a week.
 
2.
 
More generally, the provision or the sources of finance necessary for the continuing operation of an undertaking.
 
In this context, sources of finance for non-financial organisations would include creditors, bank lenders, bondholders and shareholders.
 
 
3. ''Pensions.''
 
The provision in advance for future liabilities in a defined benefit pension scheme by the accumulation of assets.
 
 
4. ''Banking.''
 
In the banking context, sources of funding include retail customer deposits and equity, as well as wholesale and longer term borrowings.
 
Banks' funding - very broadly - can be categorised as 'own funds' or 'borrowed funds'.




== See also ==
== See also ==
* [[BACS]]
* [[Borrowed funds]]
* [[C&CCC]]
* [[Defined benefit pension scheme]]
* [[Clearing House Automated Payment System]]
* [[FFL]]
* [[CPA]]
* [[Flighty]]
* [[Electronic commerce]]
* [[Funding liquidity risk]]
* [[Faster Payments Scheme]]
* [[Funding management]]
* [[IMPS]]
* [[Funding ratio]]
* [[LVPS]]
* [[Funding risk]]
* [[Payments and payment systems]]
* [[Liquidity]]
* [[PSP]]
* [[MCT]]
* [[Immediate payments and the impact on corporate treasurers]]
* [[Net stable funding ratio]]
* [[Own funds]]
* [[Stability]]
* [[Sticky]]
* [[Term out]]




===Other links===
===Other links===
[http://www.treasurers.org/node/2932 UK Faster Payments Service, ACT Briefing note, 2008]
[http://www.afponline.org/publications-data-tools/reports/guides/global-liquidity-guides/Detail/short-term-borrowing AFP Guide to Global Short Term Borrowing]
 
[[Category:Cash_management]]

Revision as of 17:18, 12 November 2016

1.

Medium to longer term borrowing by a non-financial undertaking to meet its operational needs.


2.

More generally, the provision or the sources of finance necessary for the continuing operation of an undertaking.

In this context, sources of finance for non-financial organisations would include creditors, bank lenders, bondholders and shareholders.


3. Pensions.

The provision in advance for future liabilities in a defined benefit pension scheme by the accumulation of assets.


4. Banking.

In the banking context, sources of funding include retail customer deposits and equity, as well as wholesale and longer term borrowings.

Banks' funding - very broadly - can be categorised as 'own funds' or 'borrowed funds'.


See also


Other links

AFP Guide to Global Short Term Borrowing