Search: settlement
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
Search Results
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
– June 2014
In November 2013, the Reserve Bank introduced changes to its Reserve Bank Information and Transfer System (RITS) to allow the same-day settlement of non-government direct entry obligations. This outcome met one of the objectives set by the Payments
https://www.rba.gov.au/publications/bulletin/2014/jun/7.html
The Role of Exchange Settlement Accounts
10 Mar 1999
Bulletin
– March 1999
The resulting multilateral net settlement obligations are ‘to the system’, not to an individual bank. ... obligations. In short, ES Accounts have two key features relevant to the settlement process:.
https://www.rba.gov.au/publications/bulletin/1999/mar/2.html
Property Settlement in RITS
18 Mar 2021
Bulletin
– March 2021
Property transactions are among the largest and most significant financial undertakings that many Australians enter into.
https://www.rba.gov.au/publications/bulletin/2021/mar/property-settlement-in-rits.html
Foreign Exchange Settlement Practices in Australia
10 Feb 1998
Bulletin
– February 1998
Allsopp Report), which was published by the Bank for International Settlements in 1996. ... Changes to domestic payments systems can help dealers reduce foreign exchange settlement risk.
https://www.rba.gov.au/publications/bulletin/1998/feb/2.html
Real-time Gross Settlement in Australia
10 Sep 2010
Bulletin
– September 2010
Although RITS is open for settlement on all business days in either Sydney or Melbourne or both, by market convention there are no AUD foreign exchange settlements on non-business days ... On these days, foreign exchange settlement and many settlements
https://www.rba.gov.au/publications/bulletin/2010/sep/8.html
Abstract for Real-time Gross Settlement in Australia
10 Sep 2010
Bulletin
– September 2010
Bulletin – September 2010 Real-time Gross Settlement in Australia Abstract. Peter Gallagher, Jon Gauntlett and David Sunner. ... The introduction of real-time gross settlement (RTGS) in Australia in 1998 was a major reform to reduce risk in the
https://www.rba.gov.au/publications/bulletin/2010/sep/bu-0910-8a.html
Bulletin
25 Jan 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
The Evolution of Interbank Settlement in Australia
17 Mar 2022
Bulletin
– March 2022
Electronic payments are ubiquitous in modern economies and result in financial obligations between different financial institutions.
https://www.rba.gov.au/publications/bulletin/2022/mar/the-evolution-of-interbank-settlement-in-australia.html
The Role of Exchange Settlement Accounts
22 Feb 2001
Bulletin
PDF
50KB
Introduction. Exchange Settlement (ES) Accountsprovided by the Reserve Bank play animportant role in the Australian paymentssystem. ... Net Settlement in PaymentsSystems. Historically, payments systems settled on a‘deferred net’ basis.
https://www.rba.gov.au/publications/bulletin/1999/mar/pdf/bu-0399-2.pdf
Reforming the Australian Payments System: The State of Play
10 Apr 1993
Bulletin
– April 1993
solutions which are emerging to ensure settlement risk is properly accounted for and managed. ... A net settlement system, among other things, can contain liquidity needs to a manageable dimension.
https://www.rba.gov.au/publications/bulletin/1993/apr/5.html