Search: Exchange Settlement Account
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.
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Sources and Management of Systemic Risk | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
In general, a lower exchange rate would be likely to be part of the adjustment mechanism to any disruptive event of this nature. ... The largest foreign bank accounts for less than 2 per cent of domestic banking system assets, and foreign banks in
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/sources-and-management-of-systemic-risk.html
Appendix 1: Changes to Bank Regulations | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector…
1 Jan 1991
Submissions
1983. October. Changes to Australia's foreign exchange arrangements were announced:. Settlement by the Reserve Bank of the net spot foreign exchange positions of banks would be on the basis of ... December. The Australian dollar was floated, and most
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/appendix-1.html
Appendix G: List of Abbreviations | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
APCA. Australian Payments Clearing Association. ASC. Australian Securities Commission. ASX. Australian Stock Exchange. ... ESA. Exchange Settlement Account. FBSO. [German] Federal Banking Supervisory Office. GDP.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/appendix-g.html
Executive Summary | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
In keeping with the RBA's responsibilities, it emphasises the need to take into account the long-run stability of the system. ... At present the RBA separately authorises financial institutions (banks and non-banks) that trade in the foreign exchange
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/executive-summary.html
Appendix B: Overseas Supervisory Arrangements | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector |…
6 Sep 1996
Submissions
related to this, the central bank almost always has a key role in the payments system, running settlement accounts for banks and providing some form of lender-of-last-resort facility;. ... The BOJ is also involved in decisions regarding both
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/appendix-b.html
Appendix C: Should Bank Supervision Be Carried Out by the Central Bank or by a Separate Authority? | Submission to the Financial System…
6 Sep 1996
Submissions
A fuller account of arrangements in the main industrialised countries is given in Appendix B. ... credit. This threatened a collapse of the clearing and settlements system and the possible failure of securities firms.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/appendix-c.html
The Reserve Bank's Response | Report to the Inquiry into Competition in the Banking and Non-Banking Sectors – May 2009 | Financial Sector | …
7 May 2009
Submissions
On a day to day basis, the cash rate is affected by the demand for and supply of exchange settlement (ES) funds. ... The daily flows in and out of these accounts can be very large, though account holders are required to maintain positive ES balances at
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-report-2009-05/reserve-bank-response.html
Submission to APCA's Consultation Paper on the Role of Cheques in an Evolving Payment System – 29 July 2011 | Payments System | Submissions
29 Jul 2011
Submissions
physical, face-to-face, instant exchange, for example for a property settlement;. substantial additional data to accompany the payment, for instance by attaching the cheque to an invoice or other information;. ... considerable financial control where,
https://www.rba.gov.au/publications/submissions/payments-system/role-of-cheques-in-evolving-payments-system/
Key Financial Developments Since the Wallis Inquiry | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
Value exchange: a way of making payments. Intermediation: a way of transferring resources between savers and borrowers. ... The Reserve Bank Board takes developments in banks' funding costs into account when determining the appropriate setting of the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/financial-developments-since-wallis-inquiry.html
The Next Ten Years | Supplementary Submission to the Financial System Inquiry – 13 January 1997 | Financial Sector | Submissions
13 Jan 1997
Submissions
Banks have played a major part in this in Australia and account for 80 per cent of the major exchange traded and OTC derivatives markets. ... We have already seen how banks have become the major players in Australia's bond, money, foreign exchange and
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/next-ten-years.html