El Salvador Financial Sector Assessment Program Update : Payments, Remittances, and Securities Settlement Systems

Payment systems are a core part of all financial systems. The quality of payment systems determines the stability of the overall economy, the efficiency and reliability of financial intermediation, and the possibility for the private sector to inno...

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Bibliographic Details
Main Authors:	International Monetary Fund, World Bank
Format:	Report
Language:	English en_US
Published:	Washington, DC 2017
Subjects:	ACCOUNTABILITY ACH ASSETS ATM AUTHORIZATION BANK ACCOUNTS BANK BRANCHES BANK CUSTOMERS BANK SUPERVISION BANKING SECTOR BANKING SUPERVISION BENEFICIARIES CAPITAL MARKET CAPITAL MARKETS CASE OF DEFAULTS CASH MANAGEMENT CENTRAL BANK CENTRAL BANKS CENTRAL SECURITIES DEPOSITORY CHECKING ACCOUNTS CHEQUES CLAIM CLEARING HOUSE CLEARINGHOUSE COMMERCIAL BANK COMMERCIAL BANKS CONSUMER PROTECTION COOPERATIVE BANKS CORPORATE BOND CORPORATE BOND ISSUERS CORPORATE BONDS CREDIT CARDS CREDIT RISK CREDIT RISKS CREDIT TRANSFER CREDIT TRANSFERS CURRENCY CUSTOMER ACCOUNTS DEBIT CARDS DEFAULTS DELIVERY VERSUS PAYMENT DEPOSIT DEPOSITS DISBURSEMENT DVP EDUCATION LOANS EFFECTIVE GOVERNANCE EFT EFTPOS ELECTRONIC FUNDS ELECTRONIC FUNDS TRANSFER ELECTRONIC PAYMENT ELECTRONIC PAYMENT SYSTEMS END-USER EQUITY MARKETS EVOLUTION OF PAYMENT FACTORING FINAL SETTLEMENT FINANCE COMPANIES FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIATION FINANCIAL PRODUCTS FINANCIAL RISKS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FLOWS OF PAYMENTS FOREIGN BANKS FRAUD FUNDS TRANSFER GOVERNMENT PAYMENTS GOVERNMENT POLICIES GOVERNMENT SECURITIES GROSS SETTLEMENT SYSTEM HOST INSTRUMENT INSURANCES INTERBANK PAYMENTS INTERNAL CONTROL INTERNAL REPORTING INTERNATIONAL BANK INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNET BANKING JURISDICTION JURISDICTIONS LAWS LEGAL FRAMEWORK LEGAL PROHIBITION LEGAL PROVISIONS LEGAL REFORM LEGISLATION LENDER LENDER OF LAST RESORT LIQUIDITY LIQUIDITY MANAGEMENT LIQUIDITY RISK LIQUIDITY RISKS LOCAL CAPITAL MARKET LOCAL MARKET MAKING PAYMENTS MICROFINANCE MICROFINANCE INSTITUTIONS MISMANAGEMENT MOBILE PHONE MONETARY FUND MONEY TRANSFER MORTGAGE MULTILATERAL NETTING NATIONAL PAYMENT SYSTEMS NEGOTIATION OPEN ACCESS OPERATIONAL RISK OPERATIONAL RISKS ORDER OF PAYMENT OVERSIGHT OF PAYMENT SYSTEMS PAYMENT INSTRUCTIONS PAYMENT INSTRUMENT PAYMENT INSTRUMENTS PAYMENT SERVICES PAYMENT SYSTEM PAYMENT SYSTEMS PAYMENTS SYSTEM PAYMENTS SYSTEMS PENALTIES PLAN FOR PAYMENT POINT OF SALE POINT OF SALE TERMINAL POS PRIVATE NETWORK PUBLIC POLICY REAL TIME GROSS SETTLEMENT REAL TIME GROSS SETTLEMENT SYSTEM REAL-TIME GROSS SETTLEMENT REGULATORY FRAMEWORK REMITTANCE REMITTANCE SERVICE REMITTANCE SERVICES REMITTANCES REPO REPO FACILITY REPO MARKET REPO MARKETS REPO TRANSACTIONS RESERVE RESERVE ACCOUNTS RESERVE REQUIREMENTS RESERVES RETAIL PAYMENT RETAIL PAYMENT SYSTEMS RETAIL PAYMENTS RETURN RISK MANAGEMENT RTGS SALARIES SAVINGS SECONDARY MARKET SECURITIES SECURITIES MARKET SECURITIES SETTLEMENT SECURITIES SETTLEMENT SYSTEMS SECURITIES TRANSACTIONS SERVICE PROVIDER SETTLEMENT SETTLEMENT PROVISIONS SETTLEMENT SERVICES SETTLEMENT SYSTEMS SETTLEMENTS STAKEHOLDERS STANDARDIZATION STOCK EXCHANGE STOCK MARKET STOCK MARKET CAPITALIZATION STOCKS TERRORISM TRANCHE TRANCHES TRANSACTION TRANSFER OF FUNDS TRANSPARENCY TREATY
Online Access:	http://documents.worldbank.org/curated/en/532271468037136317/El-Salvador-Payments-remittances-and-securities-settlement-systems-technical-note http://hdl.handle.net/10986/27736