Arab Payment Systems

of 25
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Document Description
The World Bank “Arab Payment Systems Integration Project – Outcome of the Feasibility Study” GLOBAL PAYMENT WEEK Amsterdam, October 19-22, 2010 Contents g  Introduction & Objectives g  g  g  Objectives of the project What are the needs? Main Assumptions g  Where are we? Feasibility Study g  g  g  g  g  g  key feasibility elements Main Conclusions Model Recommended Outcome of the detailed studies Settlement Cycle g  Next Steps g  Strategic Phases Introduction & Objectives Objective
Document Share
Document Tags
Document Transcript
  “Arab Payment SystemsIntegration Project – Outcome of theFeasibility Study”  GLOBAL PAYMENT WEEK  Amsterdam, October 19-22, 2010    The World Bank     Contents g   Introduction & Objectives g   Objectives of the project g   What are the needs? g   Main Assumptions g   Where are we? g   Feasibility Study g   key feasibility elements g   Main Conclusions g   Model Recommended g   Outcome of the detailed studies g   Settlement Cycle g   Next Steps g   Strategic Phases  Introduction & Objectives Objectives of the project g   Economic development    Reducing the need for reserves currencies currently requiredwith the regional trading partners    Promoting intra-region economic activities and accordinglyregional integration g   Financial Stability    Ensuring national payment systems are compliant withinternational standards and best practices    Setting up a common set of processes and procedures toexecute cross-border payments in the region    Using a common set of risk controls within the region.  Introduction & Objectives Objectives of the project (Cont …) g   Efficiency    Creating services that are on line with users expectations(price, timing, safety, …)    Developing a system that is highly reliable, secure and resilientand easy for any expansion g   Synergies and externalities    Working together to improve efficiency of the individualmarkets for the common goal    Potentially reducing the need for foreign currencies byintroducing a multilateral netting scheme    Improving the security of the financial information
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks

We need your sign to support Project to invent "SMART AND CONTROLLABLE REFLECTIVE BALLOONS" to cover the Sun and Save Our Earth.

More details...

Sign Now!

We are very appreciated for your Prompt Action!