Payment systems in eleven developed countries - February 1980

February 1980

This manual is the fruit of joint work by automation experts from the central banks of the Group of Ten countries and Switzerland, who have been looking into the payment systems in operation in their own countries and the possible changes these systems may undergo with the increased use of automated data-processing techniques. It was felt that the material collected for the purpose of this study may be of interest to students of the subject of money, and in particular its use as a means of payment. Since it was at the Bank for International Settlements (BIS) that the initiative for the study first took shape and its results were presented and discussed, it is to this institution that the publication of the main findings has been entrusted.