Difference between revisions of "Deferred net settlement"

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(Create the page. Source: Bank of England's supervision of financial market infrastructures - Annual Report March 2014, p16: http://www.bankofengland.co.uk/publications/Pages/fmi/default.aspx)
 
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(DNS).
 
(DNS).
  
A net settlement system where final settlements occur at the end of a predefined settlement cycle.
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''Funds transfer''
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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.
 
Also known as Designated-time net settlement.
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Contrast with a real time gross settlement system ([[RTGS]]).
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== See also ==
 
== See also ==
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* [[Net settlement system]]
 
* [[Net settlement system]]
  
[[Category:Payment_and_Clearing_Systems]]
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[[Category:Treasury_operations]]
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[[Category:Cash_management]]
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[[Category:Technology]]

Latest 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).


See also