Search: Surplus Exchange Settlement Account balances

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RBA Glossary definition for Exchange Settlement Account balances

Exchange Settlement Account balances – The sum of balances held in Exchange Settlement Accounts with the Reserve Bank.

RBA Glossary definition for Surplus Exchange Settlement Account balances

Surplus Exchange Settlement Account balances – Exchange Settlement Account balances, excluding balances that account holders keep to meet their after-hours payments in the direct entry system or the New Payments Platform.

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

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

13 Jun 2023 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

Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…

25 May 2023 Submissions
The scope of this project was fairly narrow as it only simulated the issuance of CBDC to commercial banks in exchange for the balances that commercial banks hold in their exchange ... settlement accounts (ESAs) at the Reserve Bank.
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

14 Jun 2023 Submissions
Screen scraping is a process for automated data gathering, typically used in the financial sector to obtain consumers’ account information, including account balance and transaction history. ... However, the NPP does not currently provide access to
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

25 May 2023 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

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

Innovation and Technological Change in Financial Intermediation and the Payments System | Supplementary Submission to the Financial System…

13 Jan 1997 Submissions
105. In Australia, net settlement obligations arising from the previous day's clearings are extinguished across Exchange Settlement Accounts (ESAs) at the start of each business day. ... In 1994 the RBA opened settlement accounts for Special Service
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/innovation-and-technological-change-in-financial-intermediation.html

Sources and Management of Systemic Risk | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
The largest foreign bank accounts for less than 2 per cent of domestic banking system assets, and foreign banks in aggregate only account for 12 per cent. ... In some overseas jurisdictions, public and private mechanisms exist that transfer housing loans
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/sources-and-management-of-systemic-risk.html

Submission on Data Sharing and Release Legislation – August 2018 | Data Sharing | Submissions

1 Aug 2018 Submissions
Corporations Act 2001. dealing with licensing and regulation of clearing and settlement facilities; or. ... The existence of section 79A is also key to the Bank's ability to exchange information with central banks and regulatory authorities in other
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/

Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
Inclusion of the Australian dollar in CLS Bank International (CLS) has addressed the bulk of foreign exchange settlement risk. ... liberalised, including access to Exchange Settlement Accounts (ESAs) at the Bank and access to clearing systems managed by
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html