Participant

An entity which is identified/recognised by a transfer system and – either directly or indirectly – is allowed to send transfer orders to that system and is capable of receiving transfer orders from it. See also direct participant; indirect participant; remote participant (European Central Bank)

YOU MAY ALSO LIKE

pan-European automated clearing house (PE-ACH)

Oversight

Overnight deposits

Outright transaction

Output gap

Other revaluations