How do debit and credit transactions flow between two different banks?

Asked Jun 2, 2016· 1 answer

Faisal KhanAnswered Jun 2, 2016

Trusted ledger adjustment.

Either directly, or via a reporting or trusting entity, like a payment settlement switch or the central bank.

Both banks are able to see each other's ledger balances and can then adjust accordingly (a very simplistic way to understand how this works).

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