Reserve Bank of Australia Annual Report – 1990 Financial Statements Clearing Items

Note 8 Clearing Items

This includes net amounts of $661.0 million ($300.9 million at 30 June 1989) due to the Bank from overnight clearances of financial transactions through the clearing houses and the Austraclear system; items in transit totalling $5.2 million ($152.7 million at 30 June 1989) between branches of the Bank in respect of cheques drawn on one branch and presented for payment at another; and other bills receivable totalling $0.3 million ($0.2 million at 30 June 1989).