Large-value funds transfer system and MCD: Difference between pages

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imported>Doug Williamson
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A funds transfer system through which large-value and high priority funds transfers are made between participants in the system for their own account or on behalf of their customers. 
Mortgage Credit Directive.
Although, as a rule, no minimum value is set for the payments they carry, the average size of payments passed through such systems is usually relatively large.  


Large-value funds transfer systems are sometimes known as wholesale funds transfer systems.
== See also ==
* [[Funds transfer system]]


==See also==
* [[Mortgage]]

Revision as of 13:28, 3 August 2016

Mortgage Credit Directive.


See also