Search: exchange settlement account policy
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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Statement by the Reserve Bank Board: Monetary Policy Decision
19 Mar 2024
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-05.html
Appointment of Head of Payments Settlements Department
6 Nov 2023
Media Releases
Sarah Harris has been appointed to the position of Head of Payments Settlements at the Reserve Bank of Australia.
https://www.rba.gov.au/media-releases/2023/mr-23-29.html
December: 1997-Settlement Practices in the Australian Foreign Exchange Market
9 Mar 2023
Media Release
This amount represents foreign exchange settlements from AUD trading by the survey respondents for their own account; it does not include any settlement activity originating from vostro accounts operated by Australian ... The accumulation of settlement
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-practices-aus-fx-market.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Jul 2022
Media Releases
At its meeting, the Board decided to increase the cash rate target by 50 basis points to 1.35 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-20.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Jun 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-14.html
Media Releases – 2019
31 Dec 2019
Media releases
issued in 2019
https://www.rba.gov.au/media-releases/2019/
Changes to the Exchange Settlement Account Policy
26 Jul 2019
Media Releases
The RBA has issued a media release Changes to the Exchange Settlement Account Policy
https://www.rba.gov.au/media-releases/2019/mr-19-19.html
Media Releases – 2018
31 Dec 2018
Media releases
issued in 2018
https://www.rba.gov.au/media-releases/2018/
Payments System Issues: Exchange Settlement Account Policy
20 Mar 2018
Media Releases
The Reserve Bank has amended its Exchange Settlement Account policy to remove the requirement that all banks that use a settlement agent for real-time gross settlement transactions must maintain an ESA.
https://www.rba.gov.au/media-releases/2018/mr-18-06.html
Launch of the New Payments Platform
13 Feb 2018
Media Releases
Today, the Reserve Bank of Australia and its Payments System Board (PSB) welcome the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/media-releases/2018/mr-18-02.html