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There are times when a local or cross-border payment just needs making today, now. This can be because a payment needs to be cleared and settled at a specific date and time, e.g. for a…

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Payments - Disbursements

Same-Day ACH Payments: UK’s FasterPayments Service now has consistent payment limits

13 years ago by Kylene Casanova

One great problem with same-day ACH payment services is that to get the service started the banks have to agree to allow individual member banks to set their own transaction limits and levels of service.

Payments - Disbursements

Europe’s TARGET 2 in 2011

13 years ago by Kylene Casanova

TARGET2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem.

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Same-Day ACH Payments: UK’s FasterPayments Service now has consistent payment limits

Europe’s TARGET 2 in 2011