The term "participant" refers to a bank which has joined the foreign currency payment system and opened a foreign currency settlement account at a settling bank.
参与者是指参加外币支付系统并在代理结算银行开立外币结算账户的银行。
Based on the widely use of information technology, Electronic currency is the transaction service system of payment and settlement.
电子货币是基于互联网络技术，使用电子货币进行资金支付与清算的交易服务系统。
Functional financial theory holds that financial system is one that can facilitate settlement and payment, centralize and allocate resources and divert risks.
功能金融理论认为，金融体系具有便利清算和支付、聚集和分配资源以及分散风险的功能。
Article34 Any and all payment and settlement organizations shall effect and implement a regular auditing system.
第三十四条支付清算组织应建立定期审计制度。
Article34 Any and all payment and settlement organizations shall effect and implement a regular auditing system.
第三十四条支付清算组织应建立定期审计制度。
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