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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Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions
28 Dec 2019
Submissions
Exchange Settlement Accounts (ESAs) are settlement accounts held at the Reserve Bank. ... The proof-of-concept simulated the issuance of central bank-backed tokens to commercial banks in exchange for exchange settlement account balances, the exchange of
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html
Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…
8 May 2024
Submissions
only to a more limited range of wholesale market participants and/or restricted for use in specialised payment and settlement systems. ... settlement accounts (ESAs) at the Reserve Bank.
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html
Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
8 May 2024
Submissions
offering such accounts with a wide range of choices in terms of fee structures. ... 0.25. Phone. 0.50. 0.30. 0.60. 0.00. 0.40. Other transaction accounts offered by the major banks charge higher account servicing fees in exchange for more
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html
Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
8 May 2024
Submissions
These services will not, however, address the practical barriers consumers face when switching accounts. ... However, the NPP does not currently provide access to some account types, including credit card and loan accounts.
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html
Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
To the extent they are consistent with its statutory obligations, the PSB takes into account the Government's policy priorities in discharging its responsibilities. ... Furthermore, the number of domestic personal credit card accounts has fallen by 11
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
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
Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
extinguishment (settlement) across Exchange Settlement Accounts (ESAs) at the RBA. ... In the process, they incur liabilities one to the other. By settling these clearing system obligations using settlement accounts with the central bank, creditor banks
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.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