Interbank Network

Interbank network - Wikipedia, the free encyclopedia
While interbank networks provide capabilities for all ATM cards within the same ... Interbank networks also, through different means, permit the use of ATM cards at ...
en.wikipedia.org

Nationlink (interbank network) - Wikipedia, the free encyclopedia
Nationlink is an interbank network and EFTPOS network in the Philippines. ... The network is also the first Philippine interbank network to depend largely on ...
en.wikipedia.org

Inter-Bank Traders Network - IBTN
Joomla - the dynamic portal engine and content management system ... The Inter-Bank Traders Network is a group of independent asset managers, market ...
www.ibtnetwork.com

ATM Interbank Networks, ATMs, Automated Teller Machines, Cards, ATM ...
ATM Industry, Introduction, Interbank Networks, Fraud Prevention, Uses of ATM, ... While interbank networks provide capabilities for all ATM cards within the same ...
www.banknetindia.com

GCC may rethink interbank network after security shock
Plans for an interbank fund transfer network linking the GCC states may have to ... The international banking network is said to have been handing data from its ...
www.itp.net

The Network Topology of the Interbank Market
we ?nd that the interbank network shows a community structure that exactly mirrors the regional ... interbank network shows two di?erent power law exponents ...
www.santafe.edu

The Topology of Interbank Payment Flows
We explore the network topology of the interbank payments transferred between ... c) Core of Fedwire Interbank Payment Network, largest links equivalent to 75 ...
www.newyorkfed.org

Interpretive Letter #754
another, a networking provider, such as InterBank, must use both hardware ... The types of computer networks that InterBank would provide would enable users ...
www.occ.treas.gov

The Topology of Interbank Payment Flows - Federal Reserve Bank of New York
We explore the network topology of the interbank payments transferred between ... The network includes a tightly connected core of money-center banks to which all ...
www.ny.frb.org

Interpretive Letter #754
Second, InterBank would provide computer networking services to other financial institutions. ... types of computer networks that InterBank would provide would ...
www.occ.treas.gov




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An interbank network, also known as an ATM consortium or ATM network, is a computer networking that connects the automated teller machine of different banks and permits these ATMs to interact with the ATM cards of non-native banks.

While interbank networks provide capabilities for all ATM cards within the same network to use other banks' ATMs that belong to the same network, the services vary. For instance, when a person uses their ATM card at an ATM that does not belong to their bank, the basic services, such as balance inquiries and withdrawals, are usually available. However, special services, such as the purchase of mobile phone airtime, are usually not accessible to ATM cardholders of banks other than the ATM cardholders of the acquirer (the bank that owns the ATM). Furthermore, many banks will charge a fee to users of cards that do not come from their own bank (in addition to any fees imposed by the bank of the card the person is using).

Interbank networks are convenient because people can access the ATMs of other banks who are members of the network when their own bank's ATM is unavailable. Such is especially convenient for travelers traveling abroad, where multinational interbank networks, like PLUS or Cirrus (interbank network), are usually available.

Interbank networks also, through different means, permit the use of ATM cards at a point of sale through the use of a special EFTPOS terminal where ATM cards are treated as debit cards.

See also








 
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