Settlement account: Difference between revisions
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== See also == | == See also == | ||
* [[Account]] | |||
* [[Bank of England]] | * [[Bank of England]] | ||
* [[Central bank]] | * [[Central bank]] | ||
Latest revision as of 14:29, 6 July 2022
1. Central banking - Bank of England.
An account held by a direct participant in a payment or settlement system, held at the Bank of England, for the purpose of making related payments.
A reserves account already held at the Bank of England may be used as a settlement account.
2.
Similar accounts held at other central banks.
