Lambert review and Queuing: Difference between pages
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A risk management arrangement whereby transfer orders are held pending by the originator/deliverer or by the system until sufficient cover is available on the originator’s/deliverer’s clearing account or under the limits set against the payor. In some cases, cover may include unused credit lines or available collateral. | |||
== See also == | == See also == | ||
[[ | * [[Caps]] | ||
* [[Gridlock]] | |||
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Revision as of 14:20, 23 October 2012
A risk management arrangement whereby transfer orders are held pending by the originator/deliverer or by the system until sufficient cover is available on the originator’s/deliverer’s clearing account or under the limits set against the payor. In some cases, cover may include unused credit lines or available collateral.
See also