Direct participant in an IFTS and Percentage point: Difference between pages

Revision as of 16:17, 9 August 2016

A percentage point is 1%, or 100 basis points.

An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.

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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.
+A percentage point is 1%, or 100 basis points.
+An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.
 == See also ==
-* [[Indirect participant in an IFTS]]
+* [[Basis point]]
-* [[Interbank Funds Transfer System]]
-* [[Participant in an FTS]]