Payment and Settlement System
GPTKB entity
Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
financial infrastructure
|
| gptkbp:countryOfOrigin |
gptkb:India
gptkb:United_Kingdom gptkb:United_States |
| gptkbp:function |
reduce settlement risk
settle interbank transactions support economic activity |
| https://www.w3.org/2000/01/rdf-schema#label |
Payment and Settlement System
|
| gptkbp:importantFor |
financial stability
efficient markets |
| gptkbp:includes |
gptkb:Automated_Clearing_House_(ACH)
gptkb:Clearing_House_Interbank_Payments_System_(CHIPS) gptkb:Electronic_Clearing_Service_(ECS) gptkb:Immediate_Payment_Service_(IMPS) gptkb:National_Electronic_Funds_Transfer_(NEFT) gptkb:Real_Time_Gross_Settlement_(RTGS) gptkb:Unified_Payments_Interface_(UPI) |
| gptkbp:purpose |
facilitate transfer of funds
|
| gptkbp:regulates |
central banks
|
| gptkbp:usedBy |
banks
financial institutions |
| gptkbp:bfsParent |
gptkb:NBFCs
|
| gptkbp:bfsLayer |
6
|