Delict and Direct participant in an IFTS: Difference between pages
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A participant in an interbank funds transfer system (IFTS) which is responsible to the settlement agent (or to all other direct participants) for the settlement of its own payments, those of its customers, and those of the indirect participants on whose behalf it is settling. | |||
== See also == | == See also == | ||
* [[ | * [[Indirect participant in an IFTS]] | ||
* [[Interbank Funds Transfer System]] | |||
* [[Participant in an FTS]] | |||
Revision as of 09:48, 22 June 2016
A participant in an interbank funds transfer system (IFTS) which is responsible to the settlement agent (or to all other direct participants) for the settlement of its own payments, those of its customers, and those of the indirect participants on whose behalf it is settling.
