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Payment, clearing and settlement systems in Korea

CPSS Red Book 2011 205 Payment, clearing and settlement systems in KoreaKorea CPSS Red Book 2011 207 Contents List of Introduction ..211 1. Institutional aspects ..211 The general institutional framework ..211 The role of the Bank of Korea ..213 The role of other private and public sector bodies ..215 2. Payment media used by non-banks ..219 Cash payments ..219 Non-cash payments ..219 Recent developments ..224 3. Interbank funds transfer systems ..224 General overview ..224 Large-value payment system ..225 Retail payment systems .

CPSS – Red Book – 2011 205 Payment, clearing and settlement systems in Korea

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