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Interbank market |
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Interbank marketFinancial institutions exchange of currencies between and among themselves.Interbank market Similar MatchesClearing house interbank payment systemClearing house interbank payment systemA computerised payment system for clearing cheques in New York. 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. Interbank rateInterbank rateSee: LIBOR 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. Moscow Interbank Currency Exchange (MICEX)Moscow Interbank Currency Exchange (MICEX)Established in 1992, the most liquid and best organized financial exchange in Russia. Further SuggestionsSociety for Worldwide Interbank Financial Telecommunications (SWIFT)Interbank rate Paris Interbank Offer Rate (PIBOR) London interbank offered rate London Interbank Offered Rate (LIBOR) Clearing House Interbank Payments System (CHIPS) |
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