Deferred net settlement: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>John Grout (To expand stub) |
imported>Doug Williamson (Add link.) |
||
Line 13: | Line 13: | ||
* [[Net settlement]] | * [[Net settlement]] | ||
* [[Net settlement system]] | * [[Net settlement system]] | ||
* [[Real-time gross settlement system]] (RTGS) | |||
[[Category:Treasury_operations]] | [[Category:Treasury_operations]] | ||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
[[Category:Technology]] | [[Category:Technology]] |
Latest revision as of 19:42, 26 June 2022
(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).