Search: bank accepted bill of exchange
RBA Glossary definition for bank accepted bill of exchange
bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.
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International Comparisons | International Comparisons of Bank Margins – August 1994 | Bank Fees and Margins | Submissions
1 Aug 1994
Submissions
income (and adding the stock of bank accepted bills held outside banks to interest-earning assets). ... Australia lies around the middle. As noted earlier, fees on bank bills are an important source of income for Australian banks.
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/internationall-comparisons.html
Present Regulatory Responsibilities | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
The Banking Act specifies two broad objectives for bank supervision. The first is to protect the depositors of banks. ... Banks' other liabilities fall outside this definition, although a broader definition may encompass some marketable instruments which
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/present-regulatory-responsitilities.html
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
Appendix 1: Changes to Bank Regulations | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector…
1 Jan 1991
Submissions
The Reserve Bank ceased to absorb the trading banks' net positions in forward exchange at the end of each working day. ... Banks were no longer required to clear their spot foreign exchange positions with the Reserve Bank each day.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/appendix-1.html
FSR Developments in the Financial System
10 Sep 2008
FSR
– September 2008
a bank with operations on both sides of the Tasman Sea, as well as arrangements for the exchange of information more generally. ... The Bank's initial response, in August 2007, was to significantly boost the pool of exchange settlement funds that
https://www.rba.gov.au/publications/fsr/2008/sep/dev-sys-infra.html
Regulatory Developments
20 Oct 2018
FSR
– October 2018
The RBA and the Australian Securities and Investments Commission (ASIC) have worked with industry to enhance the robustness of the bank bill swap rate (BBSW), a key domestic interest rate benchmark. ... The new methodology involves calculating BBSW as
https://www.rba.gov.au/publications/fsr/2018/oct/regulatory-developments.html
The Australian Financial System
4 Oct 2019
FSR
– October 2019
Offshore funding can also give rise to foreign exchange risk, but Australian banks fully hedge against this. ... During this period, spreads for bank bills, repurchase and foreign exchange swaps increased substantially and then later declined just as
https://www.rba.gov.au/publications/fsr/2019/oct/australian-financial-system.html
Competition in Banking | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector | Submissions
1 Jan 1991
Submissions
Bank credit has been more freely available since direct controls over banks' interest rates and lending volumes, were removed. ... This was particularly noticeable, for example, in the fees banks charge for bill finance.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/competition-in-banking.html
Developments in the Financial System Infrastructure
10 Sep 2006
FSR
– September 2006
a 37 per cent depreciation of the exchange rate, higher wholesale funding costs for banks and unchanged official interest rates;. ... Discussions were then held between the reporting banks, the Reserve Bank and the IMF, following which the banks
https://www.rba.gov.au/publications/fsr/2006/sep/dev-sys-infra.html
Regulatory Developments
12 Apr 2019
FSR
– April 2019
One potential offset to any tightening in credit supply by banks has been the growth in housing lending by non-ADIs (see ‘Box D: Non-bank Lending for Property’). ... It noted the significant progress in strengthening the Australian bank-bill swap rate
https://www.rba.gov.au/publications/fsr/2019/apr/regulatory-developments.html