Sentence examples for interbank system from inspiring English sources
And physical interbank trading networks can identify weakening interconnections in the interbank system that may lead to liquidity problems.
China introduced the Shibor system in 2007, modeled after the London interbank offered rate, or Libor, hoping to develop it into China's benchmark rate for the interbank system, in which banks lend to one another.
Derivative and forward trades, where banks are especially strong, are mainly by voice, but spot trades are largely electronic: one online trading platform, a big interbank system called EBS, specialising in euro-dollar and yen-dollar pairs, processes an average of $100 billion a day.
UPI, or the Unified Payments Interface, is a government backed, interbank system that uses a "virtual payment address," which looks a bit like an email address, to identify customers from different banks.
In order to use the big online interbank systems such as EBS or Reuters they must go via a bank, partly because they lack the huge credit needed to trade directly.EBS and Reuters want to deal with hedge funds directly, and change is coming.
The interbank payments system slowed for a while after the attacks that Tuesday morning, but did not break.
Hanoi-based Tien Phong Bank said on Sunday that in the fourth quarter of last year it identified suspicious requests through fraudulent messages on the global interbank messaging system Swift to transfer more than $1m.
My column today looks at Target 2, the interbank loan system through which some central banks have fallen deeply in debt to the European Central Bank, and others — most importantly the German Bundesbank — have lent huge sums to the E.C.B.
The weapon that's being used is the interbank transfer system, the way money is sent from bank to bank.
The exploits were believed to have originated from the National Security Agency as part of its work to monitor money flow in the SWIFT interbank messaging system.
