Topic

Money Plumbing (How Money Moves)

70 questions
In banking, what is a “gray screen transaction”? Jan 3, 2015 Correspondent Banking, Nostro and Vostro, and Settlement Foreign Exchange: Why does CurrencyCloud maintain such a large network of global banking partners? Dec 6, 2014 Correspondent Banking, Nostro and Vostro, and Settlement What is the difference between a pay-through account and a correspondent account? Oct 8, 2014 Correspondent Banking, Nostro and Vostro, and Settlement How do countries transfer billions of dollars to each other? Sep 7, 2014 Correspondent Banking, Nostro and Vostro, and Settlement Why can international bank transfers take days or weeks when emails move in seconds? Aug 9, 2014 Correspondent Banking, Nostro and Vostro, and Settlement Money Transfers: How can you determine whether two SWIFT banks have a direct wire-transfer relationship? Jun 9, 2014 Correspondent Banking, Nostro and Vostro, and Settlement What type of U.S. or foreign banking setup is suitable for clearing thousands of instant, fully settled transactions between institutions and customers? May 12, 2014 Correspondent Banking, Nostro and Vostro, and Settlement In financial technology, how does one bank request funds from another bank? May 12, 2014 Correspondent Banking, Nostro and Vostro, and Settlement Online Payment Processing: Does PayPal rely on the SWIFT network to communicate with acquiring banks, or does it use another method? May 6, 2014 Correspondent Banking, Nostro and Vostro, and Settlement How do banks settle payments internally when payment systems connect to multiple banks? Feb 11, 2014 Correspondent Banking, Nostro and Vostro, and Settlement What is a good solution for U.S. startups that need to provide direct account credit to users in Asian countries? Jan 11, 2014 Correspondent Banking, Nostro and Vostro, and Settlement Can a sender choose their own correspondent bank when initiating a SWIFT transfer? Nov 6, 2013 Correspondent Banking, Nostro and Vostro, and Settlement What exactly happens during a wire transfer and how does money move step by step between banks? Sep 2, 2013 Correspondent Banking, Nostro and Vostro, and Settlement Why doesn’t AdSense support EFT payments in many countries? Jul 4, 2013 Correspondent Banking, Nostro and Vostro, and Settlement When transferring money between banks, what is technically being exchanged behind the scenes? Apr 10, 2013 Correspondent Banking, Nostro and Vostro, and Settlement Banking: Do banks move physical cash to settle online transfers, and if not, how is it handled? Dec 3, 2012 Correspondent Banking, Nostro and Vostro, and Settlement Online Payment Gateways and Processing: How does Venmo facilitate peer-to-peer transfers with no transaction fee? Jun 9, 2012 Correspondent Banking, Nostro and Vostro, and Settlement How can Venmo offer peer-to-peer transactions without charging fees? Jun 9, 2012 Correspondent Banking, Nostro and Vostro, and Settlement How can a website accept payments from users in South Asian countries like Bangladesh or Pakistan? Feb 9, 2012 Correspondent Banking, Nostro and Vostro, and Settlement How can a website accept payments from South Asian countries like Bangladesh and Pakistan? Feb 9, 2012 Correspondent Banking, Nostro and Vostro, and Settlement