Clearing Banks & Items
Bank-role, payment-item, clearing-route, float, and status terms used before and after settlement.
Payment clearing, settlement, netting, float, value-date, and finality terms used in liquidity and risk analysis.
Payment clearing and settlement describe how an instruction becomes an obligation and how that obligation is discharged. Finality identifies when the transfer becomes irrevocable under the applicable rules. Posting, customer availability, and reconciliation may occur at different points.
Clearing covers validation, matching, obligation calculation, and netting. Electronic Settlement explains the transfer stage. Settlement Risk addresses the possibility that cash or assets are not delivered as required, while Bank Float explains timing differences in bank and book records.
Start with the payment rail, participants, clearing record, value date, settlement status, account posting, and any return or reversal. The system rules determine what each status proves.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
Bank-role, payment-item, clearing-route, float, and status terms used before and after settlement.
Netting, delivery-versus-payment, trade-settlement, and settlement-risk concepts used to evaluate final transfers.