Search: Deferred Net Settlement System

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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 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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Summary

11 Feb 2020 DOCX 175KB
The present structure for industry governance and provision of domestic payment systems has been an important foundation for the positive performance of the Australian payments system. ... Q12: Is there a case for applying regulation to three-party card
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX

19 February 2020 Tony Richards Head of Payments Policy ...

19 Feb 2020 DOCX 95KB
5. The resiliency and reliability of payment system infrastructure: this remains a focus area for all involved, including both prevailing infrastructure and the increasing move to cloud-based systems. ... Q12: Is there a case for applying regulation to
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX