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Definition: International transaction reporting system

Balance of payments

The International transaction reporting system (ITRS) is one of the Data Sources to compile BOP Statistics. An ITRS measures individual BOP cash transactions (passing through the domestic banks and foreign bank accounts of enterprises) and no cash transactions and stock positions. Statistics are compiled from forms submitted to domestic banks and from forms submitted by enterprises to the compiler.
International Monetary Fund (IMF), "Balance of payments compilation guide", Washington D.C., 1995, p. 5