Interbank rateThe rate of interest charged by a bank on a loan to another bank. See LIBOR.
Interbank rateSee: LIBOR
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.
Interbank marketInterbank market
Financial institutions exchange of currencies between and among themselves.
Clearing house interbank payment systemClearing house interbank payment system
A computerised payment system for clearing cheques in New York.
London interbank offered rateLondon 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.
Moscow Interbank Currency Exchange (MICEX)Moscow Interbank Currency Exchange (MICEX)
Established in 1992, the most liquid and best organized financial exchange in Russia.
Further SuggestionsLondon Interbank Offered Rate (LIBOR)
Paris Interbank Offer Rate (PIBOR)
Clearing House Interbank Payments System (CHIPS)
London Interbank Bid Rate (LIBID)
Society for Worldwide Interbank Financial Telecommunications (SWIFT)