Payments

Large-value funds transfer systems process payments that are substantial in amount or given priority within the system. Participants may use them to settle their own obligations …

A large-value payment is a high-denomination transaction used to discharge obligations between financial institutions or other market participants. Given the amounts involved and the time sensitivity …

A loss-sharing rule determines how a financial shortfall is borne when a participant in a payment or other financial system fails to meet its obligations, or …