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exchange-for-value settlement system

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Terminological databases

EKI terminibaas Esterm

ID 730484 Last modified 17.03.2005
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Domain banking systems & trust companies
  • System which involves the exchange of assets (money, securities, etc) in order to discharge settlement obligations.
exchange-for-value settlement system
Good to know
  • See also: delivery-versus-payment system. These systems may use one or more funds transfer systems in order to satisfy the payment obligations that are generated.

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