High-value payments are typically used for which of the following?

High-value payments are generally characterized by their large monetary amounts and are commonly utilized in interbank wholesale transactions. These types of payments typically involve significant sums of money, often used for settling large trades, transferring substantial assets, or managing liquidity among financial institutions.

In the interbank sector, high-value payments facilitate the movement of funds between banks, allowing them to settle obligations efficiently and securely. This plays a crucial role in maintaining stability and confidence in the financial system, as well as ensuring that large transactions can be executed promptly without exposure to undue risk.

The other options, such as low-cost retail purchases, everyday consumer transactions, and charitable donations, do not align with the characteristics of high-value payments. These activities usually involve smaller monetary amounts and are managed through different payment systems that cater to everyday transactions rather than interbank settlements. Thus, the focus on wholesale payments reinforces the understanding that high-value payments are specifically designed for such institutional and significant transactions.