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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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Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
Exchange Settlement Accounts (ESAs) are settlement accounts held at the Reserve Bank. ... The proof-of-concept simulated the issuance of central bank-backed tokens to commercial banks in exchange for exchange settlement account balances, the exchange of
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

The Australian Experience

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
in Figure 15. Nominal and real exchange rates relative to the U.S. ... dollar, and not until 1985 against other currencies. Exchange rate changes were not passed into wage settlements, thus improving competitiveness in U.S.
https://www.rba.gov.au/publications/rdp/1990/9002/australian-experience.html
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Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…

8 May 2024 Submissions
only to a more limited range of wholesale market participants and/or restricted for use in specialised payment and settlement systems. ... settlement accounts (ESAs) at the Reserve Bank.
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
offering such accounts with a wide range of choices in terms of fee structures. ... 0.25. Phone. 0.50. 0.30. 0.60. 0.00. 0.40. Other transaction accounts offered by the major banks charge higher account servicing fees in exchange for more
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
To the extent they are consistent with its statutory obligations, the PSB takes into account the Government's policy priorities in discharging its responsibilities. ... Furthermore, the number of domestic personal credit card accounts has fallen by 11
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
These services will not, however, address the practical barriers consumers face when switching accounts. ... However, the NPP does not currently provide access to some account types, including credit card and loan accounts.
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

Daily Equilibrium

1 Dec 1992 RDP 9214
Bob Rankin
leaving cash in exchange settlement accounts at the Reserve Bank. Demand by authorised dealers stems from:. ... Ignoring the options of leaving cash uninvested — i.e. in exchange settlement accounts at zero interest — the equilibrium condition for
https://www.rba.gov.au/publications/rdp/1992/9214/daily-equilibrium.html
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The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
The funding tightness is also evident from the rapid rise of Exchange Settlement Account (ESA) balances to historical highs around when Lehman Brothers defaulted on 15 September (Figure 2). ... Some accounts banks use on behalf of clients – indicated
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html
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The Consequences of Low Interest Rates for the Australian Banking Sector

21 Dec 2022 RDP 2022-08
Anthony Brassil
a) Includes deposits in housing loan offset accounts and non-interest bearing deposits. ... b) Excludes deposits in housing loan offset accounts; includes non-interest bearing deposits.
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
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The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data

21 Jun 2023 RDP 2023-05
Callan Windsor, Terhi Jokipii and Matthieu Bussiere
Each participating central bank in the IBRN examined the association between interest rates and bank profitability using a common methodology that takes into account underlying economic conditions as well as differences ... Total equity includes common
https://www.rba.gov.au/publications/rdp/2023/2023-05/full.html
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