National Clearing System

Italian translation: Sistema di Compensazione Nazionale

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	National Clearing System
Italian translation:	Sistema di Compensazione Nazionale
Entered by:	Erzsébet Czopyk

11:35 Oct 9, 2015

English to Italian translations [PRO]
Finance (general)

English term or phrase: National Clearing System

Ad esempio:

updated 5 February 2008

The National Clearing System (NCS) became operative on 5 February 2001. The owner and operating manager of the NCS is the Financial Agency.

The NCS is a payment system for the clearing of funds transfer orders between its participants based on a multilateral net principle. The multilateral net clearing of funds transfer orders implies a continuous clearing of funds transfer orders submitted for clearing by participants during an NCS clearing day. The NCS participants are banks, the Croatian National Bank and third parties. Indirect NCS participants are banks or other financial institutions which, pursuant to special regulations enacted by the CNB, perform the settlement of interbank payment transactions via another bank.

As the functional manager of the NCS, the CNB sets the limits on banks' clearing accounts during a clearing day, it may freeze a bank's clearing account, it determines the beginning and end of a clearing day and performs other activities relating to the functional management of the system. The CNB gives its approval for the operating procedures regulating the clearing of payment transactions within the NCS and for the tariffs of the NCS services.

Grazie
Laura

Laura1 KudoZ activity Questions: 951 (11 open) (4 without valid answers) (74 closed without grading) Answers: 34
Local time: 21:46

Sistema di Compensazione Nazionale

Explanation:
G L O S S A R I O
www.ginnasi.it/schema_nazionale_di.../SDPALL3.htm
Sistema di regolamento diretto nei conti delle banche presso la Banca .... Insieme di procedure che costituisce il sistema di compensazione nazionale dei ...

Il granello di sabbia: i pro e i contro della Tobin tax
https://books.google.hu/books?isbn=8807710064 -
Riccardo Bellofiore, ‎Emiliano Brancaccio - 2002 - ‎Business & Economics
Le banche centrali possono rifiutare l'accesso al loro sistema nazionale di pagamento a qualsiasi sistema di compensazione che rifiutasse di applicare la loro ...

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Note added at 16 mins (2015-10-09 11:51:30 GMT)
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Sistema di compensazione BI-COMP: Banca d'Italia ...
www.dirittobancario.it/node/5325/pdf
Sistema di compensazione BI-COMP: Banca d'Italia pubblica la Guida per ... saldi multilaterali nazionali complessivi, inviati al regolamento in TARGET2.

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Note added at 16 mins (2015-10-09 11:51:52 GMT)
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Sistema di compensazione BI-COMP
docplayer.it/413659-Sistema-di-compensazione-bi-com...
Il sistema si compone dei sottosistemi Recapiti locale e Dettaglio e della procedura Compensazione nazionale. Nell ambito del sottosistema Recapiti locale ...

Selected response from:

Erzsébet Czopyk
Hungary
Local time: 21:46

Grading comment

Grazie.
Laura
4 KudoZ points were awarded for this answer

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Sistema di Compensazione Nazionale

Erzsébet Czopyk

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national clearing system

Sistema di Compensazione Nazionale

Erzsébet Czopyk
Hungary
Local time: 21:46
Works in field
Native speaker of:

Hungarian
PRO pts in category: 8

Grading comment

Grazie.
Laura

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National Clearing System

Italian translation: Sistema di Compensazione Nazionale

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