Settlement bank

From ACT Wiki
Revision as of 09:15, 2 July 2022 by imported>Doug Williamson (Classify page.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Funds and securities transfer.

A bank across whose books transfer between participants takes place in order to achieve settlement within a settlement system.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Settlement_bank&oldid=43761’