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.
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Banking and Payment Services
20 Sep 2018
RBA Annual Report
– 2018
In addition, RITS provides deferred net settlement services for low-value retail payment systems, equity settlements and settlement of property-related transactions. ... runs for direct entry and other new batch settlement arrangements, which supplement
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.html
Banking and Payment Services
25 Sep 2017
RBA Annual Report
– 2017
RITS also provides deferred net settlement services for low-value retail payments systems, equity settlements and settlement of property-related transactions. ... Net deferred settlement occurs for retail payments (cheque, card, and direct entry) and
https://www.rba.gov.au/publications/annual-reports/rba/2017/banking-and-payment-services.html
Reserve Bank of Australia Annual Report 1998
24 Oct 2013
RBA Annual Report
1998
PDF
1460KB
https://www.rba.gov.au/publications/annual-reports/rba/1998/pdf/1998-report.pdf
Financial System Stability
3 Aug 2000
RBA Annual Report
– 2000
The key reform was the introduction, in June 1998, of a real-time gross settlement (RTGS) system for high-value payments. ... This replaced a deferred net settlement system under which settlement obligations between banks accumulated over the course of
https://www.rba.gov.au/publications/annual-reports/rba/2000/fin-sys-stability.html
Glossary of Terms and Abbreviations
1 Oct 2000
PSB Annual Report
– 2000
Deferred Net Settlement System. a settlement system in which each settling participant settles (typically by means of a single payment or receipt) its net settlement position which results from the payments ... RITS. Reserve Bank Information and Transfer
https://www.rba.gov.au/publications/annual-reports/psb/2000/glossary.html
Competition and Efficiency
1 Oct 2000
PSB Annual Report
– 2000
Links to existing systems are one way ahead. For both payers and payees, the direct entry system has many advantages. ... collateral. Institutions not supervised by APRA operating in deferred net settlement systems may be required to lodge collateral on
https://www.rba.gov.au/publications/annual-reports/psb/2000/competition.html
Safety and Stability
1 Oct 2000
PSB Annual Report
– 2000
As far as risk management is concerned, the RTGS system represents a substantial improvement over the previous deferred net settlement system, in which participants did not even know the size of ... Transactions in these two systems are normally settled
https://www.rba.gov.au/publications/annual-reports/psb/2000/safety-stability.html
Reserve Bank of Australia Annual Report 2019 - Banking and Payment Services
10 Feb 2020
RBA Annual Report
2019
PDF
932KB
https://www.rba.gov.au/publications/annual-reports/rba/2019/pdf/banking-and-payment.pdf
Payments System Board Annual Report 2020
14 Oct 2020
PSB Annual Report
2020
PDF
7381KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/2020-psb-annual-report.pdf
Management of the Reserve Bank
21 Oct 2021
RBA Annual Report
– 2021
This includes from the use of payment systems run by the Bank (such as the Reserve Bank Information and Transfer System and the Fast Settlement Service), and from transactional banking services ... Operating costs associated with the production, issuance
https://www.rba.gov.au/publications/annual-reports/rba/2021/management-of-the-reserve-bank.html