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The National Payment System And The System Of Immediate Gross Settlements is designed to introduce participants to the components of the national payments system and to define the foundations and importance of the Immediate Gross Settlement System in addition to a detailed description of its services. As the system of immediate total settlements is a system based on the transfer of funds between banks so that paper systems are dispensed in the procedures for transferring funds, as this system enhances transactions in large volume payments and settlement of government papers with the highest standards of safety and efficiency in operations and information.
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