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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Banking and Payment Services
24 Oct 2016
RBA Annual Report
– 2016
At the end of June 2016, there were 170 RITS members, of which 60 were directly operating an ESA for settling payment obligations. ... Certain financial market infrastructure entities deemed systemically important are also required to hold an ESA.
https://www.rba.gov.au/publications/annual-reports/rba/2016/banking-and-payment-services.html
The Australian Financial System
24 Sep 2013
FSR
September 2013
PDF
806KB
https://www.rba.gov.au/publications/fsr/2013/sep/pdf/aus-fin-sys.pdf
PSB Board Annual Report 2019 - Abbreviations
14 Oct 2019
Annual Report
PDF
248KB
PSB Board Annual Report 2019
https://www.rba.gov.au/publications/annual-reports/psb/2019/pdf/abbreviations.pdf
Reserve Bank of Australia Annual Report 2021 - Banking and Payment Services
18 Oct 2021
RBA Annual Report
2021
PDF
233KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/banking-and-payment.pdf
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
Oversight of High-value Payment Systems
12 Sep 2014
PSB Annual Report
– 2014
RITS is primarily a real-time gross settlement system, which settles transactions on an individual basis in real time across Exchange Settlement Accounts (ESAs) held at the Bank. ... The Board has responsibility for the Bank's policy on access to ESAs.
https://www.rba.gov.au/publications/annual-reports/psb/2014/oversight-high-value.html
Operations in Financial Markets
28 Jul 2004
RBA Annual Report
– 2004
It does this by buying securities to increase the supply of ESA balances and selling securities to reduce ESA balances. ... Footnotes. When the RBA needs to reduce aggregate ESA balances, it typically sells securities under repo to the private sector.
https://www.rba.gov.au/publications/annual-reports/rba/2004/oper-fin-mkts.html
Banking and Payment Services
16 Oct 2015
RBA Annual Report
– 2015
The Reserve Bank owns and operates the Reserve Bank Information and Transfer System (RITS), which provides for the settlement of payment obligations across Exchange Settlement Accounts (ESAs) held with the Reserve ... Bank. At the end of June 2015, there
https://www.rba.gov.au/publications/annual-reports/rba/2015/banking-and-payment-services.html
The Australian Financial System
10 Sep 2013
FSR
– September 2013
To ensure they have sufficient liquidity to settle their payment obligations, RITS participants are able to supplement the funds held overnight in their exchange settlement accounts (ESAs) at the Reserve Bank ... known, the Reserve Bank has announced an
https://www.rba.gov.au/publications/fsr/2013/sep/aus-fin-sys.html
Banking and Payments
16 Oct 2013
RBA Annual Report
– 2013
At the end of June 2013, there were 62 institutions approved to operate an ESA. ... A further 23 institutions hold ESAs but have appointed another ESA holder to settle their RTGS transactions on their behalf in RITS.
https://www.rba.gov.au/publications/annual-reports/rba/2013/banking-payments.html