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… Payment systems characterized by bilateral exchanges made outside of a central system, and the separate entry of batch totals into a separate …

… than the Bank of Canada) that, on its own behalf, exchanges payment items and makes entries directly into the ACSS. … Direct clearer …

… 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 …

… Payment systems characterized by bilateral exchanges made outside of a central system, and the separate entry of batch totals into the clearing …

… Payments accompanied by a paper remittance (bill stub), …

… An arrangement in payment systems whereby participants in one category require … services of participants in another category to exchange and/or settle transactions on their behalf. … Tiering …

… criteria or for business reasons accesses the core payment system through an agency agreement (i.e., …

… as assigned by the CPA, used to identify the type of AFT payment. Transaction codes can be found in Appendix II, Section D of Standard 005. … Transaction code …