Payment System

Payment System

Finance > Free movement of capital > Financial market > Financial transaction

Payment system

Eurovoc reference

c_e749c083 Payment system

Related concepts

Alternative Concepts

  • Funds transfer system
  • FTS
  • Payment and settlement system
  • Clearing and settlement system
  • Electronic funds transfer system
  • EFTS
  • Securities settlement system
  • IFTS
  • Interbank funds transfer system

Definition

This term has two meanings. In some cases, it refers to the set of instruments, banking procedures and interbank funds transfer systems which facilitate the circulation of money in a country or in a currency area. In most cases the expression is used as a synonym of ‘funds transfer system’. Source: ECB website glossary. Available at: <a href=

Other Languages

Properties and Values of Payment system

  • URI https://en.legalthesaurus.org/payment-system/
  • skos:Concept: https://en.legalthesaurus.org/payment-system/

Preferred lexical labels

Generic concepts

Specific concepts

Related concepts

Alternative lexical labels

Documentation notes

Thematic indexing

Other general information

[rtbs name=”thesaurus-lawi”][rtbs name=”microthesauri”][rtbs name=”skos”][rtbs name=”thesaurus-eurovoc”]


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