Research Paper Number

44/2016

Also published in the National Banking Law Review 32.3 (2013): 42-44 and available from SSRN.

Document Type

Article

Publication Date

2016

Abstract

Like any method of payment, the wire transfer may be either an "on-us" or interbank payment. In Canada, as long as they are between large banks, interbank wire payments are processed through the Canadian Payments Association's ("CPA") Large Value Transfer System ("LVTS").

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