Payment systems in eleven developed countries - February 1985

February 1985

This manual is the first revised edition of the study on payment systems carried out by representatives from the central banks of the Group of Ten countries on the basis of end-1978 observations and published in 1980. the ever increasing interrelationship, already greatly in evidence in 1978, between the central banks' main objective of concern and responsibility - money - and the use of electronic systems for long-distance transmissions and funds transfers both domestically and internationally continued to arouse the interest of the central banks and was bound to invite re-examination.