Payments System Study in the West African Monetary Zone (WAMZ): Strategy and Policy Framework |
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Page 83
... transfer of government securities . This enables simultaneous settlement of both the payment and the securities parts of a transaction . It is expected that if a real - time DvP facility is implemented it would be initially for any ...
... transfer of government securities . This enables simultaneous settlement of both the payment and the securities parts of a transaction . It is expected that if a real - time DvP facility is implemented it would be initially for any ...
Page 192
... securities operated by the Stock Exchange . The general requirements on the SSSS are : · · Participant banks will be able to transfer securities from their own accounts to others ' accounts . They will also be able to provide this ...
... securities operated by the Stock Exchange . The general requirements on the SSSS are : · · Participant banks will be able to transfer securities from their own accounts to others ' accounts . They will also be able to provide this ...
Page 202
... securities settlement transaction in SSSS . 1 RTGS Rollover Daily rollover today valued order DvP , repo order today ... transfer confirmation Settlement seller with insufficient securities Settlement Engine - check avail securities ...
... securities settlement transaction in SSSS . 1 RTGS Rollover Daily rollover today valued order DvP , repo order today ... transfer confirmation Settlement seller with insufficient securities Settlement Engine - check avail securities ...
Contents
5 | 49 |
10 | 64 |
FUNCTIONAL TECHNICAL SPECIFICATIONS OF RTGS SYSTEM | 72 |
Copyright | |
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Common terms and phrases
able ACH system ACH transactions ATM/POS Switch automated automated clearing house beneficiary bank cancel card transactions Central Bank Clearing House commercial banks common currency connection customers daily database debit and direct direct credit direct debit downloaded Eco accounts Eco cheques Eco currency Extranet functions Funds Transfer G/L system Gambia Gantt Chart Ghana imaging and truncation imaging system interbank interface Intraday ISDN local currency Message Oriented Middleware Message-Oriented Middleware MICR monitoring Nigeria Originating Bank parameters participant banks paying bank payment instructions payments system components perform POS terminal queued Receiving Bank Repo reports requirements RTGS HC Securities Settlement securities transfer server settlement account Settlement Engine Sierra Leone single currency SSSS HC standards supplier SWIFT SWIFT message System Administration system must provide System Operator transfer instructions truncation system users value date VSAT WACB RTGS system WAEMU WAMI WAMZ member countries