Hybrid clearing and settlement systems: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Removal of i.e. and addition of see also - 30/10/13) |
imported>Doug Williamson (Add link.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
Hybrid clearing and settlement systems settle real-time | 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. | |||
[[Category: | |||
== See also == | |||
* [[Clearing]] | |||
* [[Hybrid]] | |||
* [[Settlement]] | |||
[[Category:Cash_management]] | |||
Latest revision as of 20:31, 14 November 2016
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.
