Firm banking

Japanese: firm banking（英語表記）firmbanking

…However, since it does not have a settlement function, settlements must be made bilaterally between correspondent financial institutions.
[Mechanization between banks and companies]
Firm banking is a system that connects the computers of banks and companies with communication lines to handle tasks such as transfer procedures and deposit notifications, as well as data services such as foreign exchange and interest rate information. Following the deregulation of Nippon Telegraph and Telephone Public Corporation's lines in October 1982, city banks began offering this service in April 1983.

From [Banking System]

...By interconnecting the computers of banks, withdrawals can also be made from other banks' automated teller machines. For large customers, the bank's computer is directly connected to the customer's computer or terminal, and the automation of information exchange between the customer and the bank is called firm banking. [Saito Tadao]...

*Some of the terminology that refers to "firm banking" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…ただし，決済機能を有しないため，決済はコルレス金融機関相互間の相対で行う必要がある。
［銀行と企業間の機械化］
　銀行と企業のコンピューターを通信回線で接続して，振込手続や入金通知などの業務，また為替情報，金利情報などのデータサービスを行うシステムをファーム･バンキングfirm bankingという。1982年10月の電電公社の回線自由化により，83年4月から都市銀行各行がこのサービスを開始している。…