Gaois

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  2. FINANCE|financial institutions and credit|banking · FINANCE|free movement of capital|financial market

    #660220

    IATE #3578912
    sásra imréitigh agus glanta Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
    ga
    Verrechnungs- und Abwicklungsmechanismus
    de
    clearing and settlement mechanism | CSM
    en
    Definition processes underlying all payment transactions exchanged between two payment service providers (transmitting, reconciling and, in some cases, confirming transfer orders prior to settlement, potentially including the netting of orders and the establishment of final positions for settlement as well as discharging participants’ obligations through the transfer of funds) Reference "COM-EN, based on: European Payments Council > What we do > SEPA payment scheme management > Clearing and Settlement Mechanisms, https://www.europeanpaymentscouncil.eu/what-we-do/sepa-payment-scheme-management/clearing-and-settlement-mechanisms [18.10.2018]"