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.
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The Extraordinary Decline in Australia's Net Foreign Liabilities
18 Oct 2023
Speech
PDF
781KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-10-18.pdf
RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...
18 Dec 1997
Media Release
PDF
268KB
3.2 Settlement methods. For most currencies, foreign exchange payments and receipts were made principallythrough the use of a nostro account held with another (correspondent) bank. ... Settlements in these currencies are not generally ofa significant
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf
The Stance of Monetary Policy in a World of Numerous Tools
21 Oct 2020
Speech
PDF
258KB
In addition, lower returns on Australian dollar assets contribute toa lower exchange rate than otherwise. ... Itsettled at around 13 basis points, which is just above the 10 basis points that banks receive onsurplus Exchange Settlement (ES) balances in
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-10-20.pdf
The Future System for Monetary Policy Implementation
2 Apr 2024
Speech
PDF
657KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-ag-2024-04-02.pdf
Australian Securitisation Markets: Responding to Change
1 Dec 2023
Speech
PDF
817KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-11-21.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 proposed system builds on the existing electronic systems for managing exchange settlement accounts (RITS), and is intended to be introduced in stages which would adapt the existing system to the ... 4. balances in banks’ exchange settlement
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf
Long and Variable Monetary Policy Lags
5 Jun 2023
Speech
PDF
575KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-03-20.pdf
Review of the Bond Purchase Program
21 Sep 2022
Speech
PDF
544KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-09-21.pdf
The Future of Payments: Cryptocurrencies, Stablecoins or Central Bank Digital Currencies?
26 Nov 2021
Speech
PDF
322KB
Speeches | RBA. https://www.rba.gov.au/speeches/2021/sp-so-2021-11-18.html 4/11. Like cash and settlement account balances, the unit of account of the CBDC would ... form ofCBDC backed by exchange settlement account balances held at the Bank.
https://www.rba.gov.au/speeches/2021/pdf/sp-so-2021-11-18.pdf
The Case for Real Time Gross Settlement (Media Release 1995-05 attachment 1)
9 Aug 2004
Media Release
PDF
106KB
In a RTGS system, a bank can make each payment only if it has adequate balances in its settlement account at the central bank. ... 4. Bank and Austraclear) would strengthen this position further. RITS already provides a facility for real-time funds
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-1.pdf