Transcription of 8 - Central bank payment and settlement services …
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8 - Central bank payment and settlement services …
BANK FOR INTERNATIONAL SETTLEMENTSCENTRAL BANK payment AND SETTLEMENTSERVICES WITH RESPECT TOCROSS-BORDER AND MULTI-CURRENCY TRANSACTIONSR eport prepared by the Committee on payment and settlement Systemsof the Central banks of the Group of Ten countriesBasleSeptember 1993 Bank for International Settlements 1993. All rights reserved. Brief excerpts may bereproduced or translated provided the source is 92-9131-115-4 Published also in French, German and of .. and conclusions ..23. Existing Central bank payment and settlement services .. Central bank payment and settlement services to reduce riskand increase efficiency in cross-border and multi-currency settlements.
2 2. Summary and conclusions 2.1 Reflecting their different domestic origins, payments systems within the G-10 countries vary considerably. Some systems complete home-currency large-value funds transfers on a gross, payment-
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