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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Assessment of Prudential Supervision Arrangements | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector |…
6 Sep 1996
Submissions
This balance must periodically be reviewed by relevant supervisors, with any competitive impacts being one factor taken into account. ... Very importantly, they do not constitute part of the payments clearing and settlement system.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/assessment-prudential-supervision-arrangements.html
Background: Financial System Trends | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
It currently accounts for 38 per cent of assets, compared with 26 per cent in 1980. ... At the same time, services previously offered in a package (eg housing loans and savings accounts) are being unbundled.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/background-financial-system-trends.html
The Impact of Hedge Funds on Financial Markets – June 1999 | Financial Sector | Submissions
1 Jun 1999
Submissions
Most countries, in their domestic markets (particularly those conducted on exchanges), have rules to prevent such outcomes. ... account deficit (which has been widely seen as an important factor in the currency crisis).
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-international-financial-markets-effects-on-govt-policy/impact-hedge-funds-on-financial-markets-1999.html
Submission to the Australian Payments Clearing Association - The Role of Cheques in an Evolving Payments System
3 Aug 2011
Submissions
PDF
265KB
methods, including that they allow:. physical, face-to-face, instant exchange, for example for a property settlement;. ... signatures) provides key account signatories oversight of all outward payments within a business.
https://www.rba.gov.au/publications/submissions/payments-system/role-of-cheques-in-evolving-payments-system/pdf/role-of-cheques-in-evolving-payments.pdf
Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper
8 May 2024
Submissions
and settle the customer's account, while operating in a high-security environment. ... supplier. [text redacted] AusPayNet's procedures for the Australian Cash Distribution and Exchange System (ACDES) include protocols in the event that a participant
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html
Proposed Merger Between Armaguard and Prosegur – April 2023 | Responses and Options Paper
8 May 2024
Submissions
ACDES provides rules for the exchange and distribution of wholesale cash between ACDES participants (ANZ, CBA, Westpac and NAB – the Applicants are not ACDES participants). ... See ‘Objects and Scope of ACDES’, Regulations for Australian Cash
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html
Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions
8 May 2024
Submissions
Users of these services keep funds in their digital wallet account and payments are made between users in a ‘closed loop’ on the digital wallet platform, rather than through other payments ... This involves replacing the card number printed on a card,
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html
List of tables | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
CLS. Settlement of foreign exchange transactions. $253 billion (AUD settlements). No substitute provider. ... Securities Settlement Facilities. ASX Settlement. Settlement of cash equities. $8.5 billion.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/tables.html
Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions
21 Mar 2003
Submissions
Consumers using a debit card typically pay a fee to their financial institution (beyond a fee-free threshold) for accessing their own funds; credit cardholders who settle their account in full ... As with other means of accessing a transaction account,
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/
List of graphs | Submission to the Financial System Inquiry March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
Graph 5.6: Gross Capital Flows and the Current Account. ... Graph 8.4: Wholesale Payment Settlements.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/graphs.html