I suggest you go read the SFN messaging manuals from BCB if you truly want to understand how interbank communication works. It is very well documented.
You clearly don’t know what you are talking about since you are conflating the STR (transfer reserve system) with TED (one of the many settlement methods in STR)
You clearly don’t know what you are talking about since you are conflating the STR (transfer reserve system) with TED (one of the many settlement methods in STR)