View source for Net credit/debit position

''Netting systems''. 

A participant’s net credit or net debit position in a netting system is the sum of the value of all the transfers the participant has received up to a particular point in time, minus the value of all the transfers the participant has sent.  

If the difference is positive, the participant is in net credit position.  

If the difference is negative, then the participant is in a net debit position. 


The net credit or net debit position at settlement time is defined as the net settlement position.  

These net positions may be calculated on a bilateral or multilateral basis.


== See also ==
* [[Credit]]
* [[Debit]]
* [[Netting]]