Correspondent Banking, Nostro and Vostro, and Settlement
Correspondent banking relationships, nostro and vostro accounts, interbank settlement, pay-through accounts
Clearing BanksCorrespondent Banking RelationshipsCorrespondent Tie-UpsDollar AccessLedgersMoney Plumbing (How Money Moves)Nested AccountsNettingNostro AccountsPay-Through AccountsRespondent BanksSettlement AccountsSettlement ModelsUSD ClearingVostro Accounts
How does Visa settle funds between acquirers and issuers at day-end—what rails/mechanisms are used (ACH, switches, etc.)?Feb 9, 2015Settlement ModelsWhen I transfer money from my bank to PayPal, where does the money actually go behind the scenes?Feb 6, 2015Money Plumbing (How Money Moves)In banking, what is a “gray screen transaction”?Jan 3, 2015Money Plumbing (How Money Moves)Foreign Exchange: Why does CurrencyCloud maintain such a large network of global banking partners?Dec 6, 2014Correspondent Banking RelationshipsWhat is the difference between a pay-through account and a correspondent account?Oct 8, 2014Correspondent Banking RelationshipsHow do countries transfer billions of dollars to each other?Sep 7, 2014Money Plumbing (How Money Moves)Why can international bank transfers take days or weeks when emails move in seconds?Aug 9, 2014Correspondent Banking RelationshipsMoney Transfers: How can you determine whether two SWIFT banks have a direct wire-transfer relationship?Jun 9, 2014Correspondent Banking RelationshipsWhat type of U.S. or foreign banking setup is suitable for clearing thousands of instant, fully settled transactions between institutions and customers?May 12, 2014Money Plumbing (How Money Moves)In financial technology, how does one bank request funds from another bank?May 12, 2014Money Plumbing (How Money Moves)Online Payment Processing: Does PayPal rely on the SWIFT network to communicate with acquiring banks, or does it use another method?May 6, 2014Money Plumbing (How Money Moves)How do banks settle payments internally when payment systems connect to multiple banks?Feb 11, 2014Settlement AccountsWhat is a good solution for U.S. startups that need to provide direct account credit to users in Asian countries?Jan 11, 2014Money Plumbing (How Money Moves)Can a sender choose their own correspondent bank when initiating a SWIFT transfer?Nov 6, 2013Correspondent Banking RelationshipsWhat exactly happens during a wire transfer and how does money move step by step between banks?Sep 2, 2013Money Plumbing (How Money Moves)Why doesn’t AdSense support EFT payments in many countries?Jul 4, 2013Money Plumbing (How Money Moves)When transferring money between banks, what is technically being exchanged behind the scenes?Apr 10, 2013Money Plumbing (How Money Moves)Banking: Do banks move physical cash to settle online transfers, and if not, how is it handled?Dec 3, 2012Money Plumbing (How Money Moves)Online Payment Gateways and Processing: How does Venmo facilitate peer-to-peer transfers with no transaction fee?Jun 9, 2012Money Plumbing (How Money Moves)How can Venmo offer peer-to-peer transactions without charging fees?Jun 9, 2012Money Plumbing (How Money Moves)How can a website accept payments from users in South Asian countries like Bangladesh or Pakistan?Feb 9, 2012Money Plumbing (How Money Moves)How can a website accept payments from South Asian countries like Bangladesh and Pakistan?Feb 9, 2012Money Plumbing (How Money Moves)