Settlement account: Difference between revisions
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* [[Real-time gross settlement system]] | * [[Real-time gross settlement system]] | ||
* [[Reserves account]] | * [[Reserves account]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Revision as of 09:10, 2 July 2022
1. Central banking - Bank of England.
An account held by a direct participant in a payment or settlement system, held at the Bank of England, for the purpose of making related payments.
A reserves account already held at the Bank of England may be used as a settlement account.
2.
Similar accounts held at other central banks.
