Interbank

(redirected from Inter-Bank Transactions)
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Interbank

Describing any loan, deposit, transaction or other relationship between two banks. Interbank transactions provide a great deal of liquidity to the market. Interbank interest rates are often used as benchmarks for other rates. See also: Interbank loan, Interbank rate, Interbank deposit.
References in periodicals archive ?
SBP is also planning to provide facility to securely exchange data pertaining to inter-bank transactions online to effect to individual beneficiary account within stipulated time.
Our system even permits the processing of inter-bank transactions between member ATMs.
In 2009, the number of UnionPay card inter-bank transactions reached 7 billion with an amount of USD 1.
Time critical messages include updates on items such as currency rates and inter-bank transactions from abroad, and internal information that needs to be shared with outside parties including its auditors.
It was not known if majority of the defaulters had cleared their dues after obtaining new bank loans then what procedure was being considered for the recovery of income tax, wealth tax and loans following the inter-bank transactions.
1 billion; in 2009, the number of CUP card inter-bank transactions reached 7 billion with an amount of USD 1.
It provides banking services with commercial finance, inter-bank transactions, amongst others.
By ensuring finality of all payments, the RTGS system will reduce 'systemic risk' in the banking system, thereby providing increased integrity and security for all inter-bank transactions.
Examples include inventory control, exception reporting for retail sales and managing inter-bank transactions.
We use email for instant notification, but the funds are transferred the way banks settle inter-bank transactions, such as cheques, ABM transactions and online bill payments - secure clearing mechanisms banks have used for years.
The ImagineCard Corporate solution's digital-signature features also prevent information from being altered or intercepted once it is sent across any network, creating higher levels of security for critical business applications and high-value transactions, such as payment authorization or inter-bank transactions.
Spike's customer premise equipment (CPE) is cost-effective enough for use in thin-route applications such as automatic teller machines, but provides the high bandwidth needed for voluminous inter-bank transactions.

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