4 docs tagged with "clearing"

Complete guide to Australia's BECS Direct Entry (DE) system — file formats, transaction codes, timing windows, return codes, settlement, and engineering patterns.

How clearing works in Australian and global payment systems — DNS vs RTGS, batch netting, BECS clearing cycles, AusPayNet rules, and intraday liquidity implications.

How correspondent banking works — Nostro/Vostro/Loro accounts, routing chains, SWIFT messaging, de-risking, and the role of correspondents in cross-border payments.

Overview of off-us transaction handling in banking payment flows.