To what extent has Asia adopted new technologies to facilitate clearing and settlement
Around 10 years ago, almost three quarters of countries in this region did not have a RTGS real time gross settlement system in their local currency. This has changed typically in each country there is now a way to clear cheques and giro transactions and also methods to clear telegraphic transfers locally. Some markets have their own unique systems in place while others have consolidated...
¬ Haymarket Media Limited. All rights reserved.
