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A net settlement is a payment system used for inter-bank transactions.[dubious – discuss] It is the process by which banks calculate the collective total of all transactions through designated times each day.
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settlement net payment system transactions systems used parties multilateral obligations bank inter-bank isbn funds dubious discuss monetary summers bruce design
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Net settlement | is a | payment system used for inter-bank transactions | 0.90 | text |
| Net settlement | is a | multilateral transaction | 0.90 | text |
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