Questions & Answers on the West African Monetary Zone (WAMZ). |
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Page 5
... cash and non - cash modes . Mature economies depend more on non - cash instruments . 24. Why is it necessary for WAMZ member countries to develop their Payments INSTITUT L'OUEST WEST AFRICAN MONETARY ! Systems ? INSTITUTE Page INSTITUT ...
... cash and non - cash modes . Mature economies depend more on non - cash instruments . 24. Why is it necessary for WAMZ member countries to develop their Payments INSTITUT L'OUEST WEST AFRICAN MONETARY ! Systems ? INSTITUTE Page INSTITUT ...
Page 6
... not instantaneous and the float that results from long clearing cycles is removed . 25. What non - cash Modes of Payments are available ? There are several non - cash payment instruments options one can use . Paper modes : Cheques ; Postal ...
... not instantaneous and the float that results from long clearing cycles is removed . 25. What non - cash Modes of Payments are available ? There are several non - cash payment instruments options one can use . Paper modes : Cheques ; Postal ...
Common terms and phrases
activities adopted African Central Bank AFRICAN MONETARY INSTITUTE AFRICAN MONETARY ZONE allow economic agents Authority of Heads balance of payments Bamako banking supervision Central Bank WACB common Central Bank common monetary policy Consumer Price Indices Convergence Council dissemination of statistics Eco currency ECO unit EMCP ensure Exchange Rate Mechanism financial institutions framework Gambia GHANA AUGUST Government of member Guinea implement INSTITUTE WEST AFRICAN L'OUEST WEST AFRICAN Liberia meet the convergence modes of payment MONETARY INSTITUTE ACCRA Monetary Institute WAMI monetary integration MONETARY ZONE WEST National Sensitisation Committees Nigeria and Sierra non-cash modes objective Payments System percent production and dissemination QUESTIONS & ANSWERS Second Monetary Zone sector sensitisation programme Settlement System Sierra Leone signed the Statutes single currency single monetary Zone Stabilisation and Cooperation stability statistical harmonisation sub-region Summit of Heads Supervisory Authority unit of account virtual currency West African Central WEST AFRICAN MONETARY ZONE WEST AFRICAN