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2. Transfer payment - Wikipedia

   en.wikipedia.org/wiki/Transfer_payment

   Transfer payments to (persons) as a percent of federal revenue in the United States Transfer payments to (persons + business) in the United States. In macroeconomics and finance, a transfer payment (also called a government transfer or simply fiscal transfer) is a redistribution of income and wealth by means of the government making a payment, without goods or services being received in return ...

3. Payment and settlement systems in India - Wikipedia

   en.wikipedia.org/wiki/Payment_and_settlement...

   The transactions are settled as soon as they are processed. 'Gross settlement' means the transaction is settled on one to one basis without bunching with any other transaction. Considering that money transfer takes place in the books of the Reserve Bank of India, the payment is regarded as final and irrevocable. Fees for RTGS vary from bank to ...

4. Current account (balance of payments) - Wikipedia

   en.wikipedia.org/wiki/Current_account_(balance...

   Canada for 2013 was −54.62, and 2014 was −37.46 with each quarter between 2013 Q1 through 2015 Q2 ranging from a low of −14.63 in Q1 2015 to a high of −8.28 in Q3 2014. Canada's current account balance in Q2 2015 was up at −14.15. The current balance in Q2 as a percentage of GDP was −3.5%.

5. Remittances to India - Wikipedia

   en.wikipedia.org/wiki/Remittances_to_India

   India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. [1] [2] Remittances to India stood at US$125 billion in 2023, up from US$69 billion in 2017. Remittances from India to other countries totalled US$5.710 billion in 2017, for a net inflow of US$63.258 billion in 2017. [3] [4] [5]

6. Visa (V) Ties Up to Boost Global Fund Transfer in Canada - AOL

   www.aol.com/news/visa-v-ties-boost-global...

   Visa (V) forms partnership with CIBC and Simplii Financial to facilitate additional cross-border payment options.

7. Clearing House Interbank Payments System - Wikipedia

   en.wikipedia.org/wiki/Clearing_House_Interbank...

   A netting engine consolidates all of the pending payments into fewer single transactions. For example, if Bank of America is to pay American Express $1.2 million, and American Express is to pay Bank of America $800,000, the CHIPS system aggregates this to a single payment of $400,000 from Bank of America to American Express. The Fedwire system ...