Encyclopedia
Central Payment Clearing Counterparty
The central payment clearing counterparty — a payment clearing center that acts in accordance with this Federal Law as the payer and recipient of funds for transfers of monetary funds by participants of the payment system1;
Federal Law No. 161-FZ dated June 27, 2011 "On the National Payment System", as amended on September 29, 2011, Article 3, subpara. 10 // RSFSR. 2011. No. 27. Art. 3872. ↩