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Considerations On Assessment Of Payment And Settlement System

Author

Listed:
  • Timeea-Maria DUMESCU

    (Dragan European University, Faculty of Economic Sciences, dumescu_timeea_maria@yahoo.com, Lugoj, Romania,)

Abstract

Payment and settlement systems are financial instruments that are significant to the financial and banking system. Payment systems are a source of current information and an operative intervention tool by providing oversight use funds in the accounts of the banks. Since their implementation in the banking system structure these systems have evolved continuously in the market requirements, we are encountering major problems are mostly due to strict compliance with international standards, which ensure a high level of safety in their operation and measures by the central bank.

Suggested Citation

  • Timeea-Maria DUMESCU, 2014. "Considerations On Assessment Of Payment And Settlement System," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 6(6), pages 149-154, December.
    • Handle: RePEc:aic:jopafl:y:2014:v:6:p:149-154
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    More about this item

    Keywords

    Payment systems; settlement systems; central depository; evaluation;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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