direct participant in TARGET2


direct participant in TARGET2
A credit institution that is responsible to the settlement bank for the settlement of payments on the TARGET2 platform.

Euroclear glossary. 2008.

Look at other dictionaries:

  • direct participant in TARGET2 — A credit institution that is responsible to the settlement bank for the settlement of payments on the TARGET2 platform. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • settlement bank agent — An agent is a direct participant in TARGET2 appointed by a settlement bank within the securities settlement system ( SSS) that does not have a direct account in TARGET2 ( in the context of the French market, one also uses the term PR for… …   Financial and business terms

  • settlement bank agent — An agent is a direct participant in TARGET2 appointed by a settlement bank within the securities settlement system (SSS) that does not have a direct account in TARGET2 (in the context of the French market, one also uses the term PR for… …   Euroclear glossary

  • Transfert Banque de France — Le système Transfert Banque de France (TBF) est un système à règlement brut en temps réel (RBTR ou en anglais RTGS), qui constitue la composante française de TARGET. Les participants accèdent à TBF via le réseau SWIFT et la plate forme de la… …   Wikipédia en Français

  • Transfert Banque de France (TBF) — Transfert Banque de France Le système Transfert Banque de France (TBF) est un système à règlement brut en temps réel (RBTR ou en anglais RTGS), qui constitue la composante française de TARGET. Les participants accèdent à TBF via le réseau SWIFT… …   Wikipédia en Français

  • Transfert banque de france — Le système Transfert Banque de France (TBF) est un système à règlement brut en temps réel (RBTR ou en anglais RTGS), qui constitue la composante française de TARGET. Les participants accèdent à TBF via le réseau SWIFT et la plate forme de la… …   Wikipédia en Français

  • Transferts Banque de France — Transfert Banque de France Le système Transfert Banque de France (TBF) est un système à règlement brut en temps réel (RBTR ou en anglais RTGS), qui constitue la composante française de TARGET. Les participants accèdent à TBF via le réseau SWIFT… …   Wikipédia en Français

  • Clearing (finance) — In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. Clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying… …   Wikipedia


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