# participant

- Canonical URL: https://www.gerhardmerk.de/participant
- Post ID: 611664
- Modified: 2026-09-18T18:15:43+00:00
- Language: en

## Definition

A participant in a transfer system has authority to initiate transfers and to accept instructions routed through that system. This status may be held by an entity connected to the system itself or by one that accesses it through another participant or an authorised service provider.

## Machine-readable

- Generator: Merk Knowledge 1.1.1