Interbank marketFinancial institutions exchange of currencies between and among themselves.
London Interbank Bid Rate (LIBID)London Interbank Bid Rate (LIBID)
The bid rate that a Euromarket bank is willing to pay to attract a deposit from another Euromarket bank in London. Related: LIBOR.
Clearing house interbank payment systemClearing house interbank payment system
A computerised payment system for clearing cheques in New York.
Moscow Interbank Currency Exchange (MICEX)Moscow Interbank Currency Exchange (MICEX)
Established in 1992, the most liquid and best organized financial exchange in Russia.
Society for Worldwide Interbank Financial TelecommunicationsSociety for Worldwide Interbank Financial Telecommunications
An international body which sets protocols and standards for international payment systems, such as electronic money transfers.
Clearing House Interbank Payments System (CHIPS)Clearing House Interbank Payments System (CHIPS)
An international wire transfer system for high-value payments operated by a group of major banks.
Further SuggestionsInterbank rate
London Interbank Offered Rate (LIBOR)
Society for Worldwide Interbank Financial Telecommunications (SWIFT)
London interbank offered rate
Paris Interbank Offer Rate (PIBOR)