Ring fenced bank and SCT Inst: Difference between pages

Revision as of 15:06, 7 April 2018

Single Euro Payments Area (SEPA).

SCT Inst is SEPA's Instant Credit Transfer Scheme.

Instant payments for corporates?

"... in a live proving exercise a [UK] Faster Payment valued in the tens of millions of pounds was sent and received.

In comparison, SCT Inst has started with a EUR 15,000 limit, and the US Real-time Payments System caps transactions at USD 25,000."

The Treasurer magazine, April 2018, p23 - In Search of the Tipping Point.

@@ Line 1: / Line 1: @@
-''Bank supervision''
+''Single Euro Payments Area (SEPA)''.
-(RFB).
+SCT Inst is SEPA's Instant Credit Transfer Scheme.
-Following 'ring fencing' formerly universal banks will be separated into a 'ring fenced bank' (for the protection of retail customers) and a non ring fenced bank.
-The ring fenced bank will be lower-risk, and within the protective ring fence.
+<span style="color:#4B0082">'''''Instant payments for corporates?'''''</span>
+:"... in a live proving exercise a [UK] Faster Payment valued in the tens of millions of pounds was sent and received.
-==See also==
+:In comparison, SCT Inst has started with a EUR 15,000 limit, and the US Real-time Payments System caps transactions at USD 25,000."
-* [[Non ring fenced bank]]
-* [[Ring fence]]
-* [[Universal bank]]
-* [[US Glass-Steagall]]
+:''The Treasurer magazine, April 2018, p23 - In Search of the Tipping Point.''
-===Other links===
-[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013]
+== See also ==
+* [[Faster Payments Service]]
+* [[Instant Credit Transfer Scheme]]
+* [[Real-time Payments]]
+* [[RT1]]
+* [[SEPA credit transfer]]
+* [[SEPA direct debit]]
+* [[Single Euro Payments Area]]