Hybrid clearing and settlement systems: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with Clearing and Settlement pages.) |
imported>Doug Williamson (Add link.) |
||
Line 7: | Line 7: | ||
== See also == | == See also == | ||
* [[Clearing]] | * [[Clearing]] | ||
* [[Hybrid]] | |||
* [[Settlement]] | * [[Settlement]] | ||
[[Category:Cash_management]] | [[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.