The system worked, and the banks were able to settle transactions between their 11 banks simultaneously as opposed to taking days or even weeks for cross border transactions. (fortune.com)
The effort to settle transactions more quickly failed, and we still settle trades in three days. (alephblog.com)
Closing costs are simply the fees for the overall services of settling this transaction and transferring title of this property from one person to another. (bediz.com)