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… The financial institution to which a debit payment item is addressed and which is directed to pay the specified amount of …
… Those who use, or are likely to use, services provided by payment systems (e.g. consumers, … End-user …
… An act that discharges obligations in respect of funds between two or more parties. For ACSS, it … Settlement …
… The delivery and receipt of payment instructions, which would result in a debit and credit being posted to the accounts of …
… High Value Payment Systems; a set of instruments and procedures that facilitates typically … HVPS …
… An arrangement in payment systems whereby participants in one category require the services of participants in …
… Payment systems characterized by bilateral exchanges made outside of a central system, and the separate entry … Decentralized Batch Retail Systems …