interbank

(redirected from Interbank Transaction)
Also found in: Financial.
Related to Interbank Transaction: Interbank market

in·ter·bank

 (ĭn′tər-băngk′)
adj.
Of or relating to transactions or communication between banks: interbank borrowing.

interbank

(ɪntəˈbæŋk)
adj
(Banking & Finance) conducted between or involving two or more banks
Translations

interbank

adj (Fin) interbank depositsBank-bei-Bank-Einlagen pl; interbank loanBank-an-Bank-Kredit m
References in periodicals archive ?
As the bankcard association in China, UnionPay operates an interbank transaction settlement system through which the connection and switch between banking systems and the interbank, crossregion and crossborder usages of bank cards issued by associate banks could be realized.
Completion of such a transaction will require an interbank transaction, in which the firm's bank credits the firm's account and collects funds from the consumer's bank.
M2 EQUITYBITES-September 20, 2013--Axway suite picked by Thailand's National Interbank Transaction Management Exchange(C)2013 M2 COMMUNICATIONS http://www.
BANKING AND CREDIT NEWS-September 20, 2013--Axway suite picked by Thailand's National Interbank Transaction Management Exchange(C)2013 M2 COMMUNICATIONS http://www.
More specifically, the SWIFT network serves as the foundation for interbank transaction processing with more than 8,500 institutions in over two hundred countries and territories exchanging an average of 15 million messages a day.
The Kenya Bankers Association has set up a subsidiary to run and operate the interbank transaction switch.
Al Amri said sukuk (Islamic bonds) issuances from both the government and private sector had proved popular, while short-term liquidity management was being done through interbank transactions.
Bitt is the architect of blockchain and distributed ledger based technology infrastructure for interbank transactions and cash digitization systems for central banks.
Mohseni reiterated that the base mode for binding financial markets of Iran and South Korea through Islamic treasury bills is in its final stages and would be implemented in the near future in case of removal of restrictions on exchange and interbank transactions.
34 Of which: Interbank transactions -41,540 -44,721
The official rate of the US dollar in interbank transactions is EGP 8.