Unpublished Papers

Trends in the Italian Payment System: Remarks on the Forthcoming Project on Inter-bank Wholesale Settlements

Arturo Patarnello, Universita di Milano - Bicocca

Abstract

The article describes how the new real-time wholesale settlements work and the reasons behind their adoption in all the advanced banking systems; it reports also how the Italian real-time procedure (BI-RE) works and the participation arrangements of the Italian banks to the real-time settlement systems.

Suggested Citation

Arturo Patarnello. 1995. "Trends in the Italian Payment System: Remarks on the Forthcoming Project on Inter-bank Wholesale Settlements" School of Accounting, Banking and Economics, University of Wales, Bangor, Research Papers in Banking and Finance 95/10