the payments system in trinidad and tobago - Central Bank of ...

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FOREWORDTo this end, the Bank invited well-known economists from theprivate sector to join the editorial team, firstly to suggest topics thatwould be of interest to the public and secondly, to advise on ways toreach the target audience. The Bank also intends to invite guestcontributors to the series from time to time.The current pamphlet examines the payments system inTrinidad and Tobago with special emphasis on non cash methods ofpayment.We hope that the series raises the level of public awarenessand public discourse on economic issues and contributes to thestrengthening of economic policy formation in Trinidad and Tobago.Ewart S. WilliamsGovernorThe Payments System of Trinidad and Tobago
THE PAYMENTS SYSTEMIN TRINIDAD AND TOBAGOTABLE OF CONTENTSPageINTRODUCTION 2 - 3ROLE OF THE CENTRAL BANK INTHE NATIONAL PAYMENTS SYSTEM 4 - 5PAPER-BASED PAYMENTS 6 - 11PAYMENT CARDS 12 - 18ELECTRONIC TRANSFER SYSTEMS 19 - 23USAGE OF PAYMENT INSTRUMENTS 24 - 28DELIVERY CHANNELS 29 - 30CONCLUSION 31APPENDICES 32 - 42APPENDIX I - GLOSSARYAPPENDIX II - ADVANCES IN PAYMENTS INTERNATIONALLYAPPENDIX III - CORE PRINCIPLES FOR SYSTEMATICALLY IMPORTANTPAYMENT SYSTEMS
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