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
Eligibility for Exchange Settlements Accounts
1 Mar 1999
Media Releases
Announcement made by the Payments System Board about changes to eligibility requirements for Exchange Settlement (ES) Accounts at the Reserve Bank of Australia
https://www.rba.gov.au/media-releases/1999/mr-99-02.html
The Role of Exchange Settlement Accounts
1 Mar 1999
Media Releases
The Role of Exchange Settlement Accounts
https://www.rba.gov.au/media-releases/1999/mr-99-02-role.html
Exchange Settlement Account
13 Mar 2002
Media Releases
CashCard Austraila Limited (Cashcard) granted an Exchange Settlement (ES) Account
https://www.rba.gov.au/media-releases/2002/mr-02-06.html
Application for an Exchange Settlement Account
1 Mar 1999
Media Releases
Application for an Exchange Settlement Account
https://www.rba.gov.au/media-releases/1999/mr-99-02-app.html
The Case for Real Time Gross Settlement (Media Release 1995-05 attachment 1)
9 Aug 2004
Media Release
PDF
106KB
sectors of the banking industry have been reassessing the benefits and costs of a deferred net settlement system. ... a deferred net settlement system.
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-1.pdf
A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)
13 Aug 2004
Media Release
PDF
178KB
The Reserve Bank’s reasons for favouring RTGS over the alternative of a deferred net settlement system are set out in a companion paper. ... It would be necessary, however, to bring these net settlement forward from next day to same day; BITS member
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf
Reform of Interbank Payments
5 Apr 1995
Media Releases
Announces that after consulting with the banks and the Australian Payment Clearing Association (APCA), the RBA is now presenting a case for moving to a Real-time Gross Settlement (RTGS) payments system and proposes a means of achieving this
https://www.rba.gov.au/media-releases/1995/mr-95-05-attach-1.html
Payment Systems and Netting Act 1998: Approval of CHESS RTGS Feeder System
24 Nov 2000
Media Releases
The Reserve Bank has declared that the Clearing House Electronic Subregister System (CHESS) is an approved real-time gross settlement (RTGS) system under section 9 of the Payment Systems and Netting Act 1998
https://www.rba.gov.au/media-releases/2000/mr-00-19.html
Reform of Interbank Payments - A Proposal for Implementing Real Time Gross Settlement in Australia
5 Apr 1995
Media Releases
The Reserve Bank's reasons for favouring RTGS over the alternative of a deferred net settlement system are set out in a companion paper. ... It would be necessary, however, to bring these net settlement forward from next day to same day; BITS member
https://www.rba.gov.au/media-releases/1995/mr-95-05-attach-2.html
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
Over the past two years, around ten currencies traded in the Australian market, including the GBP and HKD, have converted from deferred net settlement to RTGS. ... currencies. Regardless of their differing positions on the merits of gross versus net
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html