Search: ESA
RBA Glossary definition for ESA
ESA – 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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Operations in Financial Markets
24 Oct 2016
RBA Annual Report
– 2016
These are remunerated at the cash rate target. In addition to these balances, ESA holders typically hold aggregate surplus balances of around $2 billion. ... During 2015/16, ESA holders accessed overnight funding from the Bank on only one occasion.
https://www.rba.gov.au/publications/annual-reports/rba/2016/operations-in-financial-markets.html
Operations in Financial Markets
27 Oct 2022
RBA Annual Report
– October 2022
The funds traded in the cash market are the balances held by financial institutions in their Exchange Settlement Accounts (ESAs) at the Reserve Bank. ... The most frequently used standing facilities are those for the provision of intraday liquidity to
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html
2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
Operations in Financial Markets
17 Oct 2019
RBA Annual Report
– 2019
target. Therefore, ESA holders typically aim to maintain a small surplus in their accounts. ... The most frequently used standing facilities are those for the provision of intraday liquidity to ESA holders.
https://www.rba.gov.au/publications/annual-reports/rba/2019/operations-in-financial-markets.html
Banking and Payment Services
12 Apr 2020
RBA Annual Report
– 2020
A further 40 institutions were dormant ESA holders, using another ESA holder as a settlement agent to settle their payment obligations. ... ESA and settlement activities, which are vital to the smooth operation of the payments system.
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html
5.5 Abbreviations
19 Oct 2023
RBA Annual Report
– 2023
ERG. Employee Resource Group. ES. Exchange Settlement. ESA. Exchange Settlement Account.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html
Operations in Financial Markets
25 Sep 2017
RBA Annual Report
– 2017
The most frequently used standing facilities are those for the provision of intraday liquidity to ESA holders. ... During 2016/17, ESA holders accessed overnight funding from the Bank on three occasions.
https://www.rba.gov.au/publications/annual-reports/rba/2017/operations-in-financial-markets.html
Banking and Payment Services
27 Oct 2022
RBA Annual Report
– October 2022
payments. Obligations are settled through the debiting and crediting of Exchange Settlement Accounts (ESAs), which are at-call accounts held at the Reserve Bank on behalf of RITS member institutions. ... In 2021/22, three new institutions were approved
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html
Banking and Payment Services
20 Sep 2018
RBA Annual Report
– 2018
Settlement in RITS is effected across Exchange Settlement Accounts (ESAs) held with the Reserve Bank, and is final and irrevocable. ... At the end of June 2018, 58 RITS members were using their own ESA to settle their payment obligations.
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.html
Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
201KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/abbreviations.pdf