BizTerm Definition
Interval fiat request
Full Definition

Interval transactions will not be fiated instantly. As long as interval transactions are fiat pending they are recorded in a list. fiat takes each transaction from the list in order of appearance). The entry clerk can proceed with the entry of a new transaction. All transactions with an EV/A or E/C/A procedure require an interval fiat reply.


Previous Biz Term Next Biz Term