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Interbank
(redirected from Interbank Transaction)

   Also found in: Dictionary/thesaurus 0.01 sec.
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.


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The National Bank is making interbank transactions and all transactions of the Treasury related to payment of pensions, salaries and allowances will be made in full.
Treasury Operations Department (TOD) of SBP would start settlement of all FX interbank transactions (new trades as well as prior maturities) with the banks with effect from 5th October, 2009.
Summary: Internet payment of business transaction through interbank smart card (CIB) is to be launched in Algeria as from July 2009, the company for automation of interbank transactions and electronic banking (SATIM) said Sunday.
 
 
 
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