Research Paper Number
44/2016
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").
Recommended Citation
Geva, Benjamin, "Best Practice for the Uniform Treatment of Wire Payments." Osgoode Legal Studies Research Paper Series, vol. 12, no. 9, 2016.
Also published in the National Banking Law Review 32.3 (2013): 42-44 and available from SSRN.