diacone on Nostr: As I understand it, they remove the liability to depositor/sender and the target bank ...
As I understand it, they remove the liability to depositor/sender and the target bank adds a liability to the receiving account.
deutche bank's reserves in FED (NY branch?) are decreased, morgan's increased.
They clear the operation via something like swift or similar system.
It's been a while since I dig into this field tho.
Published at
2025-04-23 13:37:57Event JSON
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