Automated Clearing Settlement System (ACSS)

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf payment clearing system
gptkbp:containsSettlement bill payments
electronic funds transfers
cheques
direct deposits
pre-authorized debits
gptkbp:handles interbank payments
https://www.w3.org/2000/01/rdf-schema#label Automated Clearing Settlement System (ACSS)
gptkbp:introducedIn 1984
gptkbp:operatedBy gptkb:Payments_Canada
gptkbp:partOf Canadian payments infrastructure
gptkbp:regulates gptkb:Bank_of_Canada
gptkbp:relatedTo gptkb:Lynx
gptkb:Large_Value_Transfer_System_(LVTS)
gptkbp:replacedBy paper-based clearing
gptkbp:settlementType deferred net settlement
gptkbp:supports retail payments
gptkbp:usedIn gptkb:Canada
gptkbp:bfsParent gptkb:Payments_Canada
gptkbp:bfsLayer 5