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Treasury Operations Mechanism in Romania

Laurentiu Andrei () and Petre Brezeanu ()

Finante - provocarile viitorului (Finance - Challenges of the Future), 2014, vol. 1, issue 16, 82-89

Abstract: The transition from a payment system on paper support to an electronic one in Romania was determined, on the one hand, by the development of the financial markets and the significant increase of the activity performed by means of payment systems, and on the other hand, by the need to move to a predominantly cashless society and to streamline cashless payments, as well as by the requests of the final customers for payment services that are safe, effective and low cost.

Keywords: operations; payments; budget execution; cash management; control (search for similar items in EconPapers)
JEL-codes: H12 H60 H63 H83 (search for similar items in EconPapers)
Date: 2014
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Handle: RePEc:aio:fpvfcf:v:1:y:2014:i:16:p:82-89