Treasury Single Account definition

Treasury Single Account means an integrated system of bank accounts which enables public money to be managed in a consolidated manner.

Treasury Single Account means a banking arrangement for the consolidation of government financial resources in one bank account or multiple bank accounts linked to one main account through which the government transacts all its receipts and payments; and

Treasury Single Account means a System as established under section 25;

Examples of Treasury Single Account in a sentence

• All central administration entities will mandatorily maintain their accounts in the Bank of Greece, within the Treasury Single Account (TSA).

• Following the implementation of the cash management reform the authorities will close accordingly unused central government accounts in commercial banks and consolidate them in the Treasury Single Account (TSA).

• The authorities will provide by mid-May 2016 a report on the compliance of central administration entities with the Ministerial Decision requiring them to transfer their accounts to the Treasury Single Account (TSA).

• All the Authority's funds shall be deposited in a special account under the Treasury Single Account at the Central Bank of Egypt.

• The Budget Code provides for a centralized PFM system built around a Treasury Single Account and a PFMIS which incorporates salary and other expenses as well as commitment controls.

More Definitions of Treasury Single Account

Treasury Single Account means a unified structure of Government bank accounts that gives a consolidated view of Government cash resources; and

Treasury Single Account means the Borrower’s consolidated account held in Bank Indonesia, the Borrower’s central bank.

Treasury Single Account means a consolidated bank account system where all deposit and payments transactions are processed for central government;

Treasury Single Account means the account in Lari of the Ministry of Finance at the National Bank of Georgia referred to in Part C.2 of Section II of Schedule 1 to this Agreement.

Treasury Single Account. - or “TSA” shall mean the system consisting of all accounts and sub-accounts that are held in the name of the Treasury at the CBAK or a commercial bank.

Treasury Single Account means an account or set of linked accounts opened and maintained by MOF in the Recipient’s central bank, through which the government’s collection of revenues and payment transactions are made.

Treasury Single Account means the consolidated treasury account to be established by the Borrower’s Ministry of Finance under Part A.3 of the Project in Bank Indonesia through which all treasury operations of MOF are to be carried out.