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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Summary
11 Feb 2020
DOCX
175KB
This accounts for the 4% of merchants for whom MCR is not available.]. ... EEC issued cards are likely to account for a minority of use of foreign-issued cards in Australia and further work would be required on the implications of this development.].
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
We also act as settlement agent for many of our clients through our Exchange Settlement Account with the RBA. ... Downward changes should be fact-based decisions, utilising current statistics and research, in a holistic manner taking into account all
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX