Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeYesterday at 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
 "S2 Terminal" by (Anonymous) - 1/30/18 I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

"S2 Terminal" by (Anonymous) - 1/30/18

Go down

 "S2 Terminal" by (Anonymous) - 1/30/18 Empty "S2 Terminal" by (Anonymous) - 1/30/18

Post by Ssmith Wed Jan 31, 2018 8:58 am

I have been watching the Drama that has been taking place on the IDC. While it is interesting there are something's that need to be said:

1. There is no S2 Terminal anywhere in any bank of any kind.

2. S2 refers to the Trust which is a 2002-S2 it will give you the credit rating of the trust.

3. RTGS – Means

Real time gross settlement is the continuous process of settling payments on an individual order basis without netting debits with credits across the books of a central bank (e.g. bundling transactions). Once completed, real time gross settlement payments are final and irrevocable.

4. It is a ledger to ledger transfer- it is accounting plain and simple.

5. The Trustee who owns the trust is the one that starts the process.

So lets say that an off ledger trust account is in Credit Suisse and the Trustee wants to inter-bank transfer funds to another bank like Citi Bank the trustee notifies the bank officer that they want to transfer to another bank like Citi Bank using RTGS, the bank then knows that this is a ledger to ledger transfer so thru they notify the other bank that an off ledger transfer is being made to account and then the ledger transfer is credited to that account in seconds. That only takes place at the request of the Trustee because they have to push it through. A receiving bank can not start a ledger to ledger transfer if the transaction does not start with them.

6. So unless the trustee of the account does not start the process at the bank where the off ledger account is kept nothing happens.

So for someone to say that they have the codes unless that person that has the codes starts the whole process then it is just a waste of time because nothing is going to happen.

7. So someone claiming to have the codes knows full will that unless they insert them at the bank that the off ledger accounts are housed that nothing is going to happen and it is just a mental exercise and a waste of time.

anonymous

*****************
>>>TNTBS's YouTube Channel<<<
Ssmith
Ssmith
GURU HUNTER
GURU HUNTER

Posts : 20495
Join date : 2012-04-10

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum