CONSIDERATIONS ON ASSESSMENT OF PAYMENT AND SETTLEMENT SYSTEM

Timeea-Maria Dumescu ()
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Timeea-Maria Dumescu: Dragan European University, Faculty of Economic Sciences, dumescu_timeea_maria@yahoo.com, Lugoj, Romania,

Journal of Public Administration, Finance and Law, 2014, vol. 6, issue 6, 149-154

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.

Keywords: Payment systems; settlement systems; central depository; evaluation (search for similar items in EconPapers)
JEL-codes: E42 E52 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aic:jopafl:y:2014:v:6:p:149-154

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