THE NATIONAL PAYMENT SYSTEM AND THE INTEGRATION OF THE STATE TREASURY IN THIS SYSTEM

THE NATIONAL PAYMENT SYSTEM AND THE INTEGRATION OF THE STATE TREASURY IN THIS SYSTEM

The concept of State Treasury is strictly related to the concept of public finances. The Treasury focuses all the financial resources of the public sector, and through its functions is the administrator of public funds, the entire execution of the State Budget is being carried out through the Treasu...

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Veröffentlicht in:Annals of the University of Petroşani. Economics 2020-01, Vol.20 (2), p.59-66
1. Verfasser: Bartalis, Anne-Marie
Format: Artikel
Sprache:eng
Schlagworte:
Banking industry
Compensation
Financial instruments
Government securities
National banks
Payment systems
Real time
Settlements & damages
State budgets
Transfer of funds
Treasuries
Wages & salaries
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Zusammenfassung:The concept of State Treasury is strictly related to the concept of public finances. The Treasury focuses all the financial resources of the public sector, and through its functions is the administrator of public funds, the entire execution of the State Budget is being carried out through the Treasury, therefore the security of these operations is vital. The National Payment System administered by the National Bank of Romania was created in order to ensure the performance of the respective operations safely, in real time and in a firm discipline.
ISSN:1582-5949
2247-8620