Search: Deferred Net Settlement System
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Deferred Net Settlement System
Deferred Net Settlement System – A settlement system in which each participant settles (typically by means of a single payment or receipt) its net position, which results from the payments made and received by it, at some defined time after payments have been made.
Search Results
Introduction
31 Dec 2012
RDP
2012-06
This prevents the build-up of large interbank exposures, which would otherwise occur if high-value payments were settled on a deferred net basis. ... Tiering has always been allowed for low-value payments that are settled on a deferred net basis.
https://www.rba.gov.au/publications/rdp/2012/2012-06/introduction.html
Methodology
31 Dec 2012
RDP
2012-06
systems. Simulations can be used for analysing the implications for liquidity and risk of changes in system functionality, market structure (such as increased tiering), and settlement rules or conventions, as well ... In our simulations, the RBA, CLS
https://www.rba.gov.au/publications/rdp/2012/2012-06/methodology.html