Search: Clearing

Sort by: Relevance Date
11 of 1 search results for Clearing

RBA Glossary definition for Clearing

Clearing – The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement.

Search Results

Summary

11 Feb 2020 DOCX 175KB
4: NPP Australia, eftpos Australia and AusPayNet (which is responsible for Australian Payment Clearing System, Bulk Electronics Clearing System, Issuers and Acquirers Community, High Value Clearing System, Australian Cash and Distribution
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX