Search: Exchange Settlement Account
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
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.
Search Results
Resilience of the Australian Financial System
6 Oct 2023
FSR
– October 2023
Resilience of the Australian Financial System | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/australian-financial-system.html
The Australian Financial System
6 Apr 2023
FSR
– April 2023
The Australian Financial System | Financial Stability Review – April 2023
https://www.rba.gov.au/publications/fsr/2023/apr/australian-financial-system.html
FSR Developments in the Financial System
10 Sep 2008
FSR
– September 2008
The Bank's initial response, in August 2007, was to significantly boost the pool of exchange settlement funds that commercial banks hold at the RBA, in order to maintain the cash ... Settlement occurs on a delivery-versus-payment basis, with associated
https://www.rba.gov.au/publications/fsr/2008/sep/dev-sys-infra.html
The Australian Financial System
8 Oct 2021
FSR
– October 2021
This has been facilitated by growth in deposits and Reserve Bank policy support, such as the Term Funding Facility (TFF) and bond purchases, which have contributed to higher Exchange Settlement balances ... the ongoing project to replace the CHESS system
https://www.rba.gov.au/publications/fsr/2021/oct/australian-financial-system.html
The Australian Financial System
7 Oct 2022
FSR
– October 2022
This has reflected banks precautionary behaviour early in the pandemic, deposit inflows outpacing credit growth and Reserve Bank policy measures that resulted in higher Exchange Settlement balances at the Reserve Bank. ... for future payouts to account
https://www.rba.gov.au/publications/fsr/2022/oct/australian-financial-system.html
Box A: Australian Bank Activity in Asia
10 Mar 2013
FSR
– March 2013
A notable feature of the Australian banks' operations in Asia is that local deposits account for a large share of their funding. ... Data on Australian-owned banks' foreign claims are collected by the Australian Prudential Regulation Authority as an
https://www.rba.gov.au/publications/fsr/2013/mar/box-a.html
The Australian Financial System
10 Mar 2014
FSR
– March 2014
Growth in deposits over the past six months has been entirely due to growth in at-call account balances, consistent with the more attractive pricing of some at-call savings accounts ... To allow participants to meet these funding requirements with
https://www.rba.gov.au/publications/fsr/2014/mar/aus-fin-sys.html
The Australian Financial System
8 Apr 2022
FSR
– April 2022
It also reflected policy measures implemented by the Reserve Bank that increased Exchange Settlement (ES) balances at the Bank. ... assurance program for the replacement of its CHESS clearing and settlement system is fit for purpose.
https://www.rba.gov.au/publications/fsr/2022/apr/australian-financial-system.html
The Macroeconomic Environment
10 Mar 2004
FSR
– March 2004
The low level of interest rates in the US, combined with the large US current account deficit, is also fuelling a major realignment of exchange rates, with the US dollar depreciating ... While these exchange rate adjustments have been very large, the
https://www.rba.gov.au/publications/fsr/2004/mar/mac-env.html
Regulatory Developments
9 Oct 2020
FSR
– October 2020
Domestically, the agencies on the Council of Financial Regulators (CFR) met frequently to exchange information, assess developments and coordinate policy actions. ... There has been significant work at the global level to assess cross-border
https://www.rba.gov.au/publications/fsr/2020/oct/regulatory-developments.html