Page 7 - Transfer Services News Today

The Federal Reserve says its Fedwire Funds, Fedcash and some check clearing services have resumed normal operations after a more than three-hour disruption to more than a dozen critical central bank payment services forming the backbone of the U.S. banking system. The National Settlement Service and the Fedwire Securities Service, which provides issuance, settlement and transfer services for Treasuries and other government securities, have also been restored, the Fed said. "Our technical ...

Most Jamaicans are able to connect the term ‘contribution refund’ to the state-owned National Housing Trust (NHT). However, many first-time mortgagors and individuals who make monthly contributions to the NHT, in particular those persons who have never received a housing benefit from the Trust, are not certain if they qualify for a refund or how to go about applying for one if they do. Below, Loop News will use information that is available on the NHT’s website to assist persons who inte...

Eight such banks started this year and as of November had taken more than $1 billion in deposits and attracted nearly 300,000 customers., , hong kong, share, savings accounts, transfer services

By Alois Vinga LEADING financial institution, First Capital Bank (FCB) has finally completed the migration exercise from Barclays amid the launch of products aimed at meeting clients’ broad needs. Speaking during a NewZim TV’s Economic Insights programme, FCB chief finance officer, Taitos Mukuku said the long migration journey had finally been completed. “When FMB Capital Holdings acquired stake from Barclays we went on to operate under the latter’s brand for a year up to October 2018. ...