Through linking with the CBC Interbank Funds Transfer System (CIFS), Taiwan Depository & Clearing Corporation’s (TDCC’s) Bills Clearing and Settlement System has adopted the delivery versus payment (DvP) mechanism to eliminate default risks. At the meantime, TDCC also employs centralized depository and book-entry services to improve the delivery efficiency of bill transactions.
The payments related to short-term bill transactions are settled through the CIFS, while the traded bills in primary and secondary markets, redemptions and other related security delivery are settled in TDCC’s Bills Clearing and Settlement System. [1]
Through linking with the CBC Interbank Funds Transfer System (CIFS), Taiwan Depository & Clearing Corporation’s (TDCC’s) Bills Clearing and Settlement System has adopted the delivery versus payment (DvP) mechanism to eliminate default risks. At the meantime, TDCC also employs centralized depository and book-entry services to improve the delivery efficiency of bill transactions.
The payments related to short-term bill transactions are settled through the CIFS, while the traded bills in primary and secondary markets, redemptions and other related security delivery are settled in TDCC’s Bills Clearing and Settlement System. [1]
英文名詞: Real Time Gross Settlement System, RTGS System | 負責單位: 業務局 | 中文解釋: 所有支付交易採連續即時(不延遲)、總額(逐筆交易)處理與清算的支付系統。目前各國中央銀行經營並利用參加者在該行開立帳戶進行移轉清算的支付系統大多為即時總額清算系統,我國央行為符合國際清算銀行對大額支付...
英文名詞: Real Time Gross Settlement System, RTGS System | 負責單位: 業務局 | 中文解釋: 所有支付交易採連續即時(不延遲)、總額(逐筆交易)處理與清算的支付系統。目前各國中央銀行經營並利用參加者在該行開立帳戶進行移轉清算的支付系統大多為即時總額清算系統,我國央行為符合國際清算銀行對大額支付...