Interbank rate

 

Home
Site Map
Add Term
Search
About Us
Contributors

Interbank rate

The rate of interest charged by a bank on a loan to another bank. See LIBOR.

Interbank rate

See: LIBOR



Interbank rate

Similar Matches

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.


London interbank offered rate

London interbank offered rate

The interest rate that the largest international banks charge each other for loans, usually of Eurodollars. In fact, LIBOR includes rates quoted each day for many currencies, excluding the euro, but it is the rate for dollar loans that is used as a benchmark for other transactions.


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.


Clearing house interbank payment system

Clearing house interbank payment system

A computerised payment system for clearing cheques in New York.


Interbank market

Interbank market

Financial institutions exchange of currencies between and among themselves.


Further Suggestions

London Interbank Offered Rate (LIBOR)
Moscow Interbank Currency Exchange (MICEX)
Society for Worldwide Interbank Financial Telecommunications
London Interbank Bid Rate (LIBID)
Paris Interbank Offer Rate (PIBOR)


 
All rights Reserved. Do not copy without permission.