Settlement amount

Settlement amount
  An ISO term. Funds to be transferred between the acquirer and card issuer equal to the transaction amount in the currency of settlement.
  ISO Identification Cards term. 8n.
  ISO Bank Card Originated Messages term. 12n.
  ISO Securities Message Types term. The currency code and total amount of money to be paid or received in exchange for the securities. 3a15d.

International financial encyclopaedia . 2014.

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