Hybrid clearing and settlement systems: Difference between revisions
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imported>Maw@allmanward.com (Added hybrid clearing and settlement systems) |
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Revision as of 14:48, 17 October 2013
Hybrid clearing and settlement systems settle real-time but on a net basis i.e. settlement occurs through a simultaneous debit and credit to the participating bank accounts, with finality, but on a net basis as determined by the clearing process.