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Paper provided by Bank of Canada in its series Working Papers with number 01-1.

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Length: 51 pages Abstract: The author describes the various elements of the global payment network for large-value funds transfers (G-LVTN) in order to provide a convenient reference document intended for readers in the academic, legal, and financial communities. The short form G-LVTN is used to name the totality of the relevant national payment systems and cross-border banking arrangements that comprise the global whole. Policy issues relevant to the G-LVTN that have arisen over the last decade are summarized, as are the principal actions taken by central banks and others to address those issues. The paper concludes by examining three trends that are affecting the processing of substantial cross-border funds transfers, and how those trends may affect the global network in the future.
Date of creation: 2001
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Handle: RePEc:bca:bocawp:01-1

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Related research

Keywords: LABOUR MARKETS;

Find related papers by JEL classification:
E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

This paper has been announced in the following NEP Reports:

• NEP-ENT-2001-07-17 (Entrepreneurship)
• NEP-NET-2001-07-17 (Network Economics)

Did you know? The RePEc project started in 1997. Its precursor, NetEc, dates back to 1993.

This page was last updated on 2009-12-17.