TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

DIRECT PARTICIPANT INTERBANK FUNDS TRANSFER SYSTEM [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2000-08-15

English

Subject field(s)
  • Banking
DEF

Participants in an IFTS [Interbank Funds Transfer System] who are responsible to the settlement agent (or to all other direct participants) for the settlement of their own payments, those of their customers, and those of the indirect participants on whose behalf they are settling.

Key term(s)
  • direct participant in an Inter-bank Funds Transfer System

French

Domaine(s)
  • Banque
DEF

Participants à un système de transfert de fonds entre banques [STFB] qui sont responsables envers l'agent de règlement (ou envers tous les autres participants directs) du règlement de leurs propres paiements, de ceux de leur clientèle et de ceux des participants indirects pour le compte de qui ils effectuent le règlement.

Key term(s)
  • participants directs à un STFB

Spanish

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