TERMIUM Plus®

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INTEREST COMPENSATION [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2014-08-06

English

Subject field(s)
  • Banking
CONT

In the ACSS [Automated Clearing Settlement System], payment items that are exchanged among ACSS direct and indirect participants throughout the day are cleared overnight, and are settled with interest compensation on the next business day across the settlement accounts of the Bank of Canada.

French

Domaine(s)
  • Banque
CONT

Dans le SACR [Système automatisé de compensation et de règlement], les effets de paiement échangés durant une journée entre adhérents et sous-adhérents sont compensés la nuit et réglés le jour ouvrable suivant à partir des comptes de règlement tenus auprès de la Banque du Canada, avec versement d'intérêts compensatoires.

Spanish

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