Big Chemical Encyclopedia

Chemical substances, components, reactions, process design ...

Articles Figures Tables About

Banks money transfer system

Repo trades initiated by the Banque de France are settled by close-of-business that day. Thus irrevocable settlement is guaranteed by the Banque de France, and the use of these intraday repos provides liquidity in central bank money to the bank money transfer system, known as TBF. [Pg.346]

Prime and composite numbers play an important role in modern cryptography or coding systems. Huge volumes of confidential information (credit card numbers, bank account numbers) and large amounts of money are transferred electronically around the world every day, all of which must kept secret. One of the important applications of number theory is keeping secrets. [Pg.610]

The transaction processing should ensure that either all the operations of the transaction complete successfully (commit) or none of them commit. For example, consider a case in which a customer transfers money from an account A to another account B in a banking system. If the account A and the account B are registered in two separate databases at different sites, both the withdrawal from account A and the deposit in account B must commit together. If the database crashes while the updates are processing, then the system must be able to recover. In the recovery procedure, both the updates must be stopped or aborted and the state of both the databases must be restored to the state before the transaction began. This procedure is called rollback. [Pg.722]


See other pages where Banks money transfer system is mentioned: [Pg.70]    [Pg.19]    [Pg.171]    [Pg.119]    [Pg.230]    [Pg.37]   
See also in sourсe #XX -- [ Pg.346 ]




SEARCH



Banking

Banks

Money

Moneyness

Transfer system

© 2024 chempedia.info