Saudi Riyal Currency SAR to PKR

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Saudi Riyal Currency SAR to PKR

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USD transactions are settled in PDS through the Philippine Domestic Dollar Transfer System (PDDTS). PDDTS is a local clearing and electronic communications system operated by the Banking Association of the Philippines and other organizations.

The system makes it possible to carry out periodic netting of obligations and claims (netting) both in real time and at the end of the trading day. In this case, the final settlements are made on the same day. PDDTS is arguably the most complex internal funds transfer system in the world due to the speed of transactions and flexibility in terms of delivery and settlement.

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