Payment system needs of corporations

Article Abstract:

Cash management services offered by banking institutions to corporate customers are analyzed from the standpoint of the corporations. Although automated cash management systems that are efficient and effective when disbursing or concentrating corporate reserves are available from banks, these services are no longer free of charge. Cost of the service has become the most important factor related to use of payment systems for the corporate banking client. The second most important factor is timely information on accounts to reduce risk. These two factors are discussed in detail, in an analysis of the corporate banking customer's view on payment systems offered by banking institutions.

United States, Analysis, Usage, Services, Technology application, Electronic funds transfer systems, Cash management, Asset management accounts, Reserves (Accounting), Check collection systems

---

The role of the Bank of Canada in the Canadian payments system

Article Abstract:

Depending on the domestic payments systems being examined, the central bank's policy will vary. Only six banks are responsible for roughly 90 percent of Canadian bank deposits, and these six use domestic communications carriers to manage branch banking for customers. The Bank of Canada is responsible for the payment system in Canada under the Canadian Payments Association Act of 1980.

Canada, Economic aspects, International aspects, Economic policy, Central banks, External debts, Canada. Bank of Canada, International clearing

---

Similar abstracts:

• Abstracts: Capital structure and corporate control: the effect of antitakeover statutes on firm leverage. The expiration of IPO share lockups
• Abstracts: The evidence on efficiency gains: the role of mergers and the benefits to the public. "Clicks and Bricks" : e-risk management for banks in the age of the Internet
• Abstracts: Pricing new corporate bond issues: an analysis of issue cost and seasoning effects. Index options: the early evidence
• Abstracts: An empirical comparison of alternative models of the short-term interest rate. Can tax-loss selling explain the January seasonal in stock returns?
• Abstracts: The role of options in the resolution of agency problems: a comment. The role of options in the resolution of agency problems: a reply

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.