About the LVTS

The Large Value Transfer System, or LVTS, is an electronic wire system that lets financial institutions and their customers send large payments securely in real time, with certainty that the payment will settle. It was launched in 1999.

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Backgrounder

A brief description of the LVTS and its role in implementing monetary policy

A Primer on Canada's Large Value Transfer System

by Neville Arjani and Darcey McVanel

A Primer on the Implementation of Monetary Policy in the LVTS Environment, June 2010.

Implementing Monetary Policy in the Large Value Transfer System Environment

Two discussion papers, setting out a proposed framework for implementing monetary policy in the LVTS environment, were published (November 1995 and March 1996) before the final report (next) was issued in January 1999.

The framework for the implementation of Monetary Policy in the Large Value Transfer System Environment

Final report, January 1999.

Building the LVTS

Excerpt from the book Planning an Evolution: The Story of the Canadian Payments Association, 1980-2002, by James Dingle