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RBA Glossary definition for settlement

settlement – The discharge of obligations arising from fund transfers between two or more parties.

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4 August 2020 | Minutes of the Monetary Policy Meeting of the Board

18 Aug 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 August 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-08-04.html

4 July 2023 | Minutes of the Monetary Policy Meeting of the Board

18 Jul 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-07-04.html

6 December 2022 | Minutes of the Monetary Policy Meeting of the Board

20 Dec 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 December 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-12-06.html

1 June 2021 | Minutes of the Monetary Policy Meeting of the Board

1 Jun 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 June 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-06-01.html

Introduction

10 May 2008 SMP – May 2008
Reflecting the recent improvement in market conditions, the Bank has been able to wind back the amount of funds provided in its domestic operations, with exchange settlement balances declining to less
https://www.rba.gov.au/publications/smp/2008/may/intro.html

7 December 2021 | Minutes of the Monetary Policy Meeting of the Board

21 Dec 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 December 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-12-07.html

Domestic Financial Markets

10 Feb 2011 SMP – February 2011
To maintain the cash rate at the Board's target, the Bank has kept exchange settlement (ES) balances around $1 billion, although higher balances were temporarily accommodated over year-end.
https://www.rba.gov.au/publications/smp/2011/feb/dom-fin-mkts.html

18 March 2020 | Minutes of the Monetary Policy Meeting of the Board

31 Mar 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 18 March 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-03-18.html

2 August 2022 | Minutes of the Monetary Policy Meeting of the Board

16 Aug 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 August 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-08-02.html

3 May 2022 | Minutes of the Monetary Policy Meeting of the Board

17 May 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 May 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-05-03.html