Encyclopedia
Payment Clearing Center
Payer clearing center - an organization established in accordance with the legislation of the Russian Federation, ensuring within the payment system the acceptance for execution of instructions from participants of the payment system on the performance of money transfers and carrying out other actions provided for by this Federal Law1.
Federal Law No. 161-FZ dated June 27, 2011 "On the National Payment System", as amended on September 29, 2011, Article 3, subpara. 9 // RSFSR. 2011. No. 27. P. 3872. ↩