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.
Search Results
The Case for Real Time Gross Settlement (Media Release 1995-05 attachment 1)
9 Aug 2004
Media Release
PDF
106KB
In a RTGS system, a bank can make each payment only if it has adequate balances in its settlement account at the central bank. ... 4. Bank and Austraclear) would strengthen this position further. RITS already provides a facility for real-time funds
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-1.pdf
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
Beyond the fact that most dealers net some foreign exchange settlements, their responses displayed little else in common. ... exchange settlement risk in much the same way as are transactions in USD/DEM, for example.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html
Media Releases – 2018
31 Dec 2018
Media releases
issued in 2018
https://www.rba.gov.au/media-releases/2018/
Liquidity Management - Prudential Statement D1
24 Jun 2002
Media Release
PDF
95KB
These policies and systems are to be observed at all times and reviewed to take account of changing circumstances. ... 21. The introduction of Real-Time Gross Settlement (RTGS) arrangements will increase demands on banks' liquidity management,
https://www.rba.gov.au/media-releases/1998/pdf/prud-stmt-d1.pdf
December: 1997-Settlement Practices in the Australian Foreign Exchange Market
9 Mar 2023
Media Release
This amount represents foreign exchange settlements from AUD trading by the survey respondents for their own account; it does not include any settlement activity originating from vostro accounts operated by Australian ... The accumulation of settlement
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-practices-aus-fx-market.html
Media Releases – 2019
31 Dec 2019
Media releases
issued in 2019
https://www.rba.gov.au/media-releases/2019/
Consultation on ISO 20022 Migration for the Australian Payments System – Responses and Options
12 Sep 2019
Media Releases
Consultation on ISO 20022 Migration for the Australian Payments System – Responses and Options
https://www.rba.gov.au/media-releases/2019/mr-19-24.html
2022 Triennial Central Bank Survey of Foreign Exchange and Derivative Markets
28 Oct 2022
Media Releases
The Reserve Bank of Australia has today released a summary of findings from the latest triennial survey of turnover in foreign exchange (FX) and over-the-counter (OTC) interest rate derivatives markets that was conducted in the Australian market in
https://www.rba.gov.au/media-releases/2022/mr-22-35.html
Reserve Bank of Australia Domestic Market Dealing Arrangements: Information Paper - 9 May 1996
11 Aug 2004
Media Release
PDF
81KB
3. Settlement. All transactions by the Bank will be for same-day settlement through RITS. ... Transactions with banks and special service providers will be settled directly through their Exchange Settlement Accounts.
https://www.rba.gov.au/media-releases/1996/pdf/mr-96-06-info-paper.pdf
Reform of Interbank Payments
5 Apr 1995
Media Releases
Announces that after consulting with the banks and the Australian Payment Clearing Association (APCA), the RBA is now presenting a case for moving to a Real-time Gross Settlement (RTGS) payments system and proposes a means of achieving this
https://www.rba.gov.au/media-releases/1995/mr-95-05-attach-1.html