Примери коришћења Net positions на Енглеском и њихови преводи на Српски
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Aggregate net positions between central banks are settled through an account with a prime international bank.
Contractual parties agree that payments between them on the basis of aggregate net positions shall be performed through the account of Deutsche Bank AG, F/M.
Aggregate net positions between central banks are settled through an account with a prime international bank.
A transfer order included in netting in the system of international clearing of foreign exchange payments shall be deemed executed once the aggregate net positions are settled within the meaning of this Section.
Negative and/or positive net positions in each netting cycle shall be settled through the NBS RTGS System.
After obtaining the consent referred to in Section 14 hereof,the clearing operator shall confirm the aggregate net positions to the central bank, after which settlement between central banks may be executed.
The settlement of aggregate net positions between central banks shall be carried out through an account with a prime international bank, in accordance with the Agreement.
As mentioned above, retail payment systems may significantly affect the stability of the financial infrastructure,depending on their market share, average daily value of payment transactions and the total value of net positions.
Payments of aggregate net positions between central banks shall be performed through the account of first-class international bank, in accordance with provisions of the Agreement.
To estimate the performance aspects of a relevant payment netting system from the aspect of liquidity required for the settlement of all payment transactions included in the calculation of net positions, it is also important to determine the netting effect of this system expressed through the netting ratio4.
Multilateral net positions of participants calculated in all of the above retail payment systems in the Republic of Serbia are settled in the RTGS NBS system(Chart 2).
The transfer order included in netting in the NBS FX clearing system shall be executed once the settlement of negative and/or positive net positions is concluded through the account of FX required reserves, whereafter a participant shall be informed of executed transfer orders using an appropriate message in accordance with Annex 5 to these Rules.
In addition to net positions of individual participants, aggregate net positions of central banks in international clearing are calculated in this system. These positions represent the difference between all received and executed transfer orders of all participants in clearing which have concluded an agreement on participation in clearing with that central bank.
In each netting cycle, calculated negative and/or positive net positions are settled in the RTGS system using funds reserved before the beginning of the netting cycle.
In addition to net positions of individual participants, aggregate net positions of central banks in international clearing are calculated in this system. These positions represent the difference between all received and executed transfer orders of all participants in clearing which have concluded an agreement on participation in clearing with that central bank.
In each netting cycle, calculated negative and/or positive net positions are settled in the RTGS system using funds reserved before the beginning of the netting cycle.
Negative and/or positive net positions shall be settled through the NBS RTGS System using appropriate messages in accordance with the Guidelines and the system's operating rules.
During the period specified for the preparation for the final netting cycle(pre-clearing) in the Daily Time Schedule of the NBS Clearing System,potential multilateral net positions of individual participants shall be calculated for all transfer orders queued for netting in that cycle, of which the participants shall be notified using an appropriate message in accordance with the Guidelines.
Calculated negative and/or positive net positions in the netting cycle shall be submitted for settlement in accordance with the decision governing interbank clearing and settlement of payments in foreign exchange.
A transfer order included in the netting in the NBS Clearing System shall be executed when negative and/or positive net positions in the NBS RTGS System are settled in accordance with the operating rules of that system, after which the participant shall be delivered a report on executed transfer orders using an appropriate message in accordance with the Guidelines.
For banks from the Republic of Serbia, net positions in the System of interbank and international clearing of foreign exchange payments are settled through their foreign currency required reserve accounts with the National Bank of Serbia.
After the settlement of negative and/or positive net positions calculated in the final netting cycle, the National Bank of Serbia shall allow the participant to use the unused reserve funds referred to in Section 17 hereof to execute transfer orders in the NBS RTGS System.
The clearing operator shall notify the central bank of aggregate net positions in the system of international clearing of foreign exchange payments(net position of a central bank), and of net positions of participants- banks from its country- after which the central bank, in accordance with the Agreement, shall notify the clearing operator of its consent to settle net positions. .
Negative net position of a bank shall never exceed the approved limit.
Net position is the amount bought or sold which is not counterbalanced by a position of an equal size.
The participant's positive net position shall be settled by debiting the National Bank of Serbia's clearing account and crediting the participant's settlement account.
Rejecting the transfer order pertaining to the participant or re-calculating net position for other participants or other steps.
Each participant shall be responsible for the limit- a debit cap by assigning reserve funds in the settlement account in order to settle a negative net position.
Each netting cycle shall include, by order of acceptance, only those transfer orders for which the participant's negative net position does not exceed the amount of reserve funds referred to in Section 17 hereof.
In the cases referred to in paragraph 1 hereof, transfer orders used to calculate the net position shall be considered recalled, of which the clearing operator shall notify the participants in a timely manner.