Currency, Assets, Liabilities & EquityTransfers
Securities through T2S, Clearstream, Euroclear, DTC
You can receive currency transfers to Your accounts through:
SEPA-SCT, T2 (Target2), TIPS, Fedwire, Chips, KTT (Funds transfer through corresponding Banks and MT202) and many Instant Payment Systems
Settlements through RTGS, ACH/SEPA and
SWIFT MT 103/202, Swiftnet Instant, SWIFT gpi UETR, FX4Cash
How do Banks tranfer Funds?
Consent & Show
What can be transferred from Bank to Bank?
- Cash & Cash Equivalents: These are funds that can be accessed immediately or almost immediately. They include physical cash, deposits with other banks, and highly liquid securities like Treasury bills.
- Investments/Securities: These are financial instruments that the bank invests in to earn a return, such as government and corporate bonds, stocks, and other securities.
- Loans and Advances: These are the funds that a bank lends to its customers, and they generate interest income. They can include personal loans, mortgages, commercial loans, credit card balances, and overdrafts.
- Fixed Assets: These are physical properties owned by the bank, such as buildings, land, equipment, and furniture.
- Intangible Assets: These include non-physical assets like software, patents, trademarks, and goodwill.
- Other Assets: These can include accrued interest receivable, deferred tax assets, and derivative financial instruments among others.
- Deposits: These are funds that individuals and businesses keep in the bank. They include checking accounts, savings accounts, and time deposits. They are liabilities because the bank has an obligation to return these funds to the depositors on demand or at a specific maturity date.
- Borrowed Funds: These are funds that the bank borrows from other financial institutions, the central bank, or through issuing debt securities.
- Debt Securities: These are bonds or other forms of debt issued by the bank to raise funds. The bank is obligated to pay back the principal and interest to the bondholders.
- Other Liabilities: These include items like accrued expenses, accounts payable, deferred tax liabilities, provisions for loan losses, and derivative financial instruments.
- Subordinated Liabilities: These are debts that will only be paid after all other debts if the bank goes bankrupt.
- Common Stock: This is the equity that owners of the bank hold. They have voting rights and may receive dividends.
- Preferred Stock: This type of equity has a higher claim on earnings and assets than common stock but usually doesn't come with voting rights.
- Retained Earnings: These are the net earnings a bank has accumulated over the years and chosen to reinvest in the business rather than distribute as dividends.
- Treasury Stock: These are the bank's own shares that it has repurchased from the market.
- Other Comprehensive Income: These are gains and losses from various investments and derivatives that haven't been realized yet.
- Minority Interest: This is the part of the net assets of a subsidiary attributable to equity interests that are not owned, directly or indirectly through subsidiaries, by the parent.