Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


4 posters

    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

    Rocky
    Rocky
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    Posts : 280492
    Join date : 2012-12-21

    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi Empty To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

    Post by Rocky Tue 02 Jan 2018, 8:24 am

    [size=32]To all banks licensed to practice money exchange and all authorized financial transfer companies (filing applications on 2018/1/7)[/size]


    [size=32]1/2/18
    [/size]
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    weslin3
    weslin3
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    Posts : 7463
    Join date : 2012-12-19

    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi Empty Re: To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

    Post by weslin3 Tue 02 Jan 2018, 9:49 am

    And what does it say??? scratch
    jbowhunter
    jbowhunter
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    Posts : 178
    Join date : 2012-12-19
    Age : 53

    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi Empty Re: To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

    Post by jbowhunter Tue 02 Jan 2018, 1:48 pm

    It says, “Don’t tell Weslin3, but it is going to RV on ¥+£%#|}{......”. Hmmmm must be a problem with the translator. Sorry, I just couldn’t resist.
    Rocky
    Rocky
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    Join date : 2012-12-21

    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi Empty Re: To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

    Post by Rocky Tue 02 Jan 2018, 2:27 pm

    explanation


    Real-time gross settlement are specialist funds transfer systems where the transfer of money or securities[1] takes place from one bank to another on a "real time" and on a "gross" basis. Settlement in "real time" means a payment transaction is not subjected to any waiting period, with transactions being settled as soon as they are processed. "Gross settlement" means the transaction is settled on one-to-one basis without bundling or netting with any other transaction. "Settlement" means that once processed, payments are final and irrevocable.
     

    RTGS systems are typically used for high-value transactions that require and receive immediate clearing. In some countries the RTGS systems may be the only way to get same day cleared funds and so may be used when payments need to be settled urgently. However, most regular payments would not use a RTGS system, but instead would use a national payment system or network that allows participants to batch and net payments. RTGS payments typically incur higher transaction costs and usually operated by a country's central bank.


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    weslin3
    weslin3
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    Posts : 7463
    Join date : 2012-12-19

    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi Empty Re: To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

    Post by weslin3 Tue 02 Jan 2018, 6:53 pm

    jbowhunter wrote:It says, “Don’t tell Weslin3, but it is going to RV on ¥+£%#|}{......”.  Hmmmm must be a problem with the translator.     Sorry, I just couldn’t resist.  

    lol! Personally I like your translating... laugh
    weslin3
    weslin3
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    Posts : 7463
    Join date : 2012-12-19

    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi Empty Re: To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

    Post by weslin3 Tue 02 Jan 2018, 6:55 pm

    Thanks rocky for the explanation... Shows they have something working...
    Screwball
    Screwball
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    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi Empty Re: To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

    Post by Screwball Tue 02 Jan 2018, 6:59 pm

    Setting the scene educating the masses, auctions will end unless you listen to the village idiot

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    To all banks licensed to practice money exchange and all authorized financial transfer companies (fi Empty Re: To all banks licensed to practice money exchange and all authorized financial transfer companies (fi

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      Current date/time is Fri 08 Nov 2024, 8:33 am