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… Commonly understood to mean the process of transmitting, reconciling and, in some cases, confirming payment orders prior to settlement, possibly including the …
… Payments are exchanged, cleared and settled through multiple point-to-point systems, …
… The delivery and receipt of payment instructions, which would result in a debit and credit being posted to the accounts of the Payor …
… In Real Time Gross Systems, each payment is settled individually as soon as the transfer order …
… An act that discharges obligations in respect of funds between two or more parties. For ACSS, it means the payment of clearing balances. … Settlement …
… High Value Payment Systems; a set of instruments and procedures that facilitates …
… Diversity, equity and inclusion … Everyone at Payments Canada deserves to feel included, heard and …
… Payment systems characterized by bilateral exchanges made outside of a central …
… Principles for Financial Market Infrastructures – the global risk standards … established by the CPSS/CPMI and IOSCO for regulating payment and security clearing and settlement systems. … PFMI …