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Can you provide next day settlement for Visa, MasterCard, AMEX and Discover Card network
Citi has responded to these client needs by expanding WorldLink low value cross border offering to include India, Mexico and Poland and making available 13 additional funds transfer currencies for same day and / or next day settlement.
Repos are a form of term secured funding that involves the sale of a security and the subsequent repurchase, typically starting on the same day with a next day settlement.
Reams has taken the important step of establishing a STP environment, to support its growing business and meet the expected requirements of next day settlement," said Thomson Financial's Portfolio Solutions Group General Manager for The Americas, Michael Slemmer.
This will help improve information flows for timely settlement and cash management, which reduces settlement risk, and facilitates straight-through processing and the move towards T+1, next day settlement.
Securant Technologies, the access management company that secures e-business, today announced that its award-winning ClearTrust SecureControl product will support and secure XML-based transactions required for next day settlement of equity transactions known as Trade Date + 1, or t+1.
Additional offerings include: Dial Express, an outbound messaging service; Dealer Locator, which automatically directs a customer to the closest retail location or sales representative; Lead Capture; Credit Card Processing, credit card authorization and next day settlement processes; Transcription Service; Address Connect, which is identification of customer address with phone number; and Natural Language Voice Recognition.