Bank for International Settlements and Deferred net settlement: Difference between pages
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''Funds transfer'' | |||
A net settlement system where final settlements occur between participating banks at the end of a predefined settlement cycle when the net obligations between participants are calculated and presented to the settlement agent for settlement. | |||
Also known as Designated-time net settlement. | |||
Contrast with a real time gross settlement system ([[RTGS]]). | |||
== See also == | |||
* [[Net settlement]] | |||
* [[Net settlement system]] | |||
[[Category:Treasury_operations]] | |||
[[Category:Cash_management]] | |||
[[Category:Technology]] | |||
Revision as of 12:26, 25 March 2015
(DNS).
Funds transfer
A net settlement system where final settlements occur between participating banks at the end of a predefined settlement cycle when the net obligations between participants are calculated and presented to the settlement agent for settlement.
Also known as Designated-time net settlement.
Contrast with a real time gross settlement system (RTGS).