Search: Surplus Exchange Settlement Account balances
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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Liquidity Management - Prudential Statement D1
24 Jun 2002
Media Release
PDF
95KB
presuming that surplus liquidity in one currency can be used to meet a shortfall in another currency. ... potential sources of volatility in assets and liabilities (and claims and obligations arising from off-balance sheet business);.
https://www.rba.gov.au/media-releases/1998/pdf/prud-stmt-d1.pdf
A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)
13 Aug 2004
Media Release
PDF
178KB
b) Dealing counterparties and processes. With RTGS, dealing with banks or non-banks would be equally as effective in influencing banks’ exchange settlement balances. ... 4. balances in banks’ exchange settlement accounts at the end of the day.
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.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 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