HomeDefinitionsCompareDebt Interbank marketThe financial definition for Interbank market:Financial institutions exchange of currencies between and among themselves. Similar MatchesClearing House Interbank Payments System (CHIPS)Clearing House Interbank Payments System (CHIPS)An international wire transfer system for high-value payments operated by a group of major banks. Interbank rateInterbank rateSee: LIBOR London Interbank Bid Rate (LIBID)London Interbank Bid Rate (LIBID)The bid rate that a Euromarket bank is willing to pay to attract a deposit from another Euromarket bank in London. Related: LIBOR. Further SuggestionsLondon Interbank Offered Rate (LIBOR)Moscow Interbank Currency Exchange (MICEX) Paris Interbank Offer Rate (PIBOR) Society for Worldwide Interbank Financial Telecommunications (SWIFT) Click to compare definitions of Interbank market Click to view definitions beginning in |