问题描述:
英语翻译
The interbank obligations that arise in BACS are settled at the Bank of England on
a multilateral net basis on Day 3 of the clearing cycle.This occurs at 9.30 am
each day by posting the multilateral net amounts directly to the members’
settlement accounts using the RTGS processor.Each settlement member is
responsible for settling the payments generated by the users it sponsors.There
is no system of limits or other controls within BACS itself to inhibit the
numbers or value of payments for which a particular settlement member is
responsible.The extent to which a user can initiate BACS transfers and its
arrangements for funding the resultant outflow are a matter to be decided bilaterallywith its settlement bank.
The interbank obligations that arise in BACS are settled at the Bank of England on
a multilateral net basis on Day 3 of the clearing cycle.This occurs at 9.30 am
each day by posting the multilateral net amounts directly to the members’
settlement accounts using the RTGS processor.Each settlement member is
responsible for settling the payments generated by the users it sponsors.There
is no system of limits or other controls within BACS itself to inhibit the
numbers or value of payments for which a particular settlement member is
responsible.The extent to which a user can initiate BACS transfers and its
arrangements for funding the resultant outflow are a matter to be decided bilaterallywith its settlement bank.
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