Money transfer account
A pseudo-account created on the money transfer service platform for individuals for each service user.
The calculation of the amount to be paid between banks, settling the funds transfers that occurred between money transfer accounts for individuals. In this instance, the process will be handled daily.
The payment and receipt between banks of the amount calculated in clearing, completing the transfer.
Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 155,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.5 trillion yen (US$40 billion) for the fiscal year ended March 31, 2017. For more information, please see http://www.fujitsu.com.
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Date: 10 October, 2017
Company: Fujitsu Limited