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Clearing house interbank payment system |
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Clearing house interbank payment systemA computerised payment system for clearing cheques in New York.Similar MatchesInterbank marketInterbank marketFinancial institutions exchange of currencies between and among themselves. Society for Worldwide Interbank Financial Telecommunications (SWIFT)Society for Worldwide Interbank Financial Telecommunications (SWIFT)A dedicated computer network to support funds transfer messages internationally between over 900 member banks world-wide. Society for Worldwide Interbank Financial TelecommunicationsSociety for Worldwide Interbank Financial TelecommunicationsAn international body which sets protocols and standards for international payment systems, such as electronic money transfers. Moscow Interbank Currency Exchange (MICEX)Moscow Interbank Currency Exchange (MICEX)Established in 1992, the most liquid and best organized financial exchange in Russia. Interbank rateInterbank rateThe rate of interest charged by a bank on a loan to another bank. See LIBOR. Further SuggestionsLondon Interbank Offered Rate (LIBOR)London interbank offered rate Clearing House Interbank Payments System (CHIPS) Paris Interbank Offer Rate (PIBOR) London Interbank Bid Rate (LIBID) Interbank rate |
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