Let me, therefore, propose a toast to the future success of the euro. BIS Review 27/1997
If this is the case, the system will automatically raise a loan of the required amount against this collateral and transfer the funds necessary to process the fund-transfer instruction from the bank’s loan account (or marginal lending facility) into its settlement account. The SAMOS system will now be able to effect the transfer of funds to the receiving bank’s settlement account.