Deferred net settlement: Difference between revisions
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A net settlement system where final settlements occur at the end of a predefined settlement cycle. | ''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. | Also known as Designated-time net settlement. | ||
Contrast with a real time gross settlement system ([[RTGS]]). | |||
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* [[Net settlement]] | * [[Net settlement]] | ||
* [[Net settlement system]] | * [[Net settlement system]] | ||
* [[Real-time gross settlement system]] (RTGS) | |||
[[Category:Treasury_operations]] | |||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
[[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).
