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

• 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).

• Revenue and expenditure are regulated through a Treasury Single Account (TSA) system.

• The main objective of the videoconference was to revisit the topic of Treasury Single Account (TSA), given there continued to be conceptual differences in the way countries implemented and referred to cash consolidation.

• The cash disbursements have been recognized as revenue and includes in the financial statements when payments are made from the project Designated Accounts (DA) A and (DA) B which were operated as a holding accounts to the main Treasury Single Account (TSA) and direct payments made by WB on behalf of FGS.

• 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).

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

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

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 a banking arrangement for the consolidation of Government financial resources in one bank account or multiple bank accounts linked to one

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.