Page 3 - A2A-interoperability_Online

APPENDIX A - ASSESSMENT EXAMPLES

A.1 Understand the Market Context 38
A.2 Undertaking an Assessment 39
A.2.1 Market Example 1: Concentrated Banking Sector 39
A.2.2 Market Example 2: Mature Inter-Bank Connectivity 41

APPENDIX B - ACH AND RTGS BASICS

B.1 Overview 44
B.2 Inter-Bank Payment Systems 45
B.3 ACH Payment Systems 47
B.4 Direct Connection to an ACH 49
B.5 Clearing MMO e-Money through an ACH 50

APPENDIX C - EXAMPLE TASK FORCE TERMS OF REFERENCE 51

APPENDIX D - GLOSSARY OF TERMS 54

FIGURES

Figure 1: Bi-lateral Agreements 10
Figure 2: Neutral Processor 12
Figure 3: Commercial Processor 14
Figure 4: Partner Bank to National ACH 16
Figure 5: Direct Connectivity to National ACH 18
Figure 6: Commercial Processor for Bank Interface 20
Figure 7: Simple Categorisation of Market Types 38
Figure 8: Typical Inter-bank Payment System 45
Figure 9: Typical ACH Payment System 47
Figure 10: ACH Transaction Functions 48
Figure 11: Direct Connection to an ACH 49

TABLES

Table 1: Bilateral Agreements Strengths and Weaknesses 10
Table 2: Neutral Processor Strengths and Weaknesses 12
Table 3: Commercial Processor Strengths and Weaknesses 14
Table 4: Partner Bank to National ACH Strengths and Weaknesses 17
Table 5: Direct Connectivity to National ACH Strengths and Weaknesses 19
Table 6: Commercial Processor for Bank Interface Strengths and Weaknesses 20
Table 7: Stakeholder Value Proposition 29
Table 8: Market Example 1 Assessment 40
Table 9: Market Example 1 Assessment Summary 41
Table 10: Market Example 2 Assessment 42
Table 11: Market Example 2 Assessment Summary 43
Table 12: Terms and abbreviations 54