Difference between revisions of "Deferred net settlement"
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(DNS). | (DNS). | ||
| − | A net settlement system where final settlements occur at the end of a predefined settlement cycle. | + | ''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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* [[Net settlement system]] | * [[Net settlement system]] | ||
| + | [[Category:Treasury_operations]] | ||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
| + | [[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).
