Hybrid clearing and settlement systems: Difference between revisions
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imported>Doug Williamson m (Removal of i.e. and addition of see also - 30/10/13) |
imported>Doug Williamson m (Punctuation added) |
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Hybrid clearing and settlement systems settle real-time but on a net basis | Hybrid clearing and settlement systems settle real-time, but on a net basis. For example, 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. | ||
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Revision as of 23:04, 11 November 2013
Hybrid clearing and settlement systems settle real-time, but on a net basis. For example, 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.
