Recognizing Cash Received by an Electronic Transfer System as Settlement for a Financial Asset

The committee received another new submission about the recognition of cash received by an electronic transfer system as settlement for a financial asset. All cash transfers made by the system are therefore settled, that is deposited in the recipients bank account two working days after they are initiated by the payer. Oca: Who knew there were so many issues about cash? Am wold you tell us what this issue was about? Please? Four.