Mortgage and Pay.UK: Difference between pages

Revision as of 17:08, 29 May 2019

Payments - UK.

Pay.UK was established in 2017.

It is the holding company of:

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+''Payments - UK.''
-An agreement under which a person borrows money against a security.
+Pay.UK was established in 2017.
-The security can be over any of the borrower’s assets but is commonly property (land and buildings) though it can be any pledgeable asset including, for example, ships or financial assets.
+It is the holding company of:
-The lender may take possession of the asset if the borrower fails to repay the money.
+*Bacs Payment Schemes Limited
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+*Cheque and Credit Clearing Company Limited
+*Faster Payments Scheme Limited
-The loan advanced, and the regular payment of money borrowed, under such an agreement.
+*Mobile Payments Service Company Limited
+*UK Payments Administration Limited
-Especially a loan secured on residential property.
+*UTSP Limited (Universal Trust Service Provider)
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-''Law''.
-The legal charge taken by the lender as security for the loans described above.
 == See also ==
-* [[First mortgage debenture]]
+* [[BACS]]
-* [[Fixed charge]]
+* [[Faster Payments Service]]
-* [[Liquidity risk]]
+* [[NewCHAPS]]
-* [[Pipeline risk]]
+* [[UK Payments Administration Ltd]]
-* [[Refinancing risk]]
-* [[Security]]
-* [[CMBS]]
-[[Category:Compliance_and_audit]]
+[[Category:The_business_context]]
+[[Category:Cash_management]]
+[[Category:Financial_products_and_markets]]
+[[Category:Liquidity_management]]
+[[Category:Technology]]