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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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Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
These nine banks account for around 80 per cent of banking system assets in Australia. ... to certain pre-defined thresholds for investments and dividends, which take into account the prudential regulatory requirements.
https://www.rba.gov.au/publications/rdp/2022/2022-03/full.html