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They consider that prospects of failing members may be impacted, but they might have use of other usually means of payments, including credit cards, debit playing cards, and credit history transfers, to fulfill their obligations.
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seven. The BCB monitors system liquidity very carefully. The BCB now remunerates the balances of all direct participants’ accounts in SPI, recognizing that by lowering the opportunity cost of funding there is a rise in liquidity provision for SPI Accounts. It provides liquidity strains to members that have direct entry to the SPI.
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