[PDF][PDF] Payment Systems, Multiple Types of Collateral, Banking, and Collateral Policy
HS Choi - Korean Economic Review, 2023 - keapaper.kea.ne.kr
An interbank payment system facilitates the transfer of funds among banks and finalizes
settlements. To ensure the stability of the payment system a bank generally posts collateral …
settlements. To ensure the stability of the payment system a bank generally posts collateral …