Hybrid clearing and settlement systems: Difference between revisions
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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. | 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. | |||
== See also == | |||
* [[Clearing]] | |||
* [[Settlement]] | |||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 22:39, 20 March 2015
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.
