Lecture

SIC System in Swiss National Bank

Description

This lecture covers the Swiss Interbank Clearing (SIC) payment system, detailing the number of transactions, turnover, and participants. It explains the different types of SIC admission categories and the role of third-party system operators. The lecture also discusses the link between the SIC system and the SECOM securities settlement system, highlighting the seamless settlement process for securities transactions.

Official source

https://mediaspace.epfl.ch/media/0_0cas6qjg

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