Hybrid clearing and settlement systems: Difference between revisions
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imported>Maw@allmanward.com (Added hybrid clearing and settlement systems) |
imported>Doug Williamson m (Removal of i.e. and addition of see also - 30/10/13) |
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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 so that 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== | |||
* [[Real-time settlement]] | |||
[[Category:Payment_and_Clearing_Systems]] | [[Category:Payment_and_Clearing_Systems]] | ||
Revision as of 10:02, 30 October 2013
Hybrid clearing and settlement systems settle real-time but on a net basis so that 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.
