Interbank Transactions

Clearing: The Settlement System of Interbank Transactions
Clearing is the system for settling payments due from one bank to another, optimizing the transfer of funds to facilitate interbank transactions.
Loro Account: Third-Party Banking Management
Loro Account is an account held by a bank on behalf of another bank, representing third-party funds and facilitating interbank transactions.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.