Chapter#15-Difference between Clearing and Settlement| Basics of Clearing and Settlement

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  • Опубликовано: 18 ноя 2024

Комментарии • 37

  • @TheDomainPodium
    @TheDomainPodium  3 года назад

    All, I am planning to remake first 2 sessions with better video quality. Thanks

  • @imronin1067
    @imronin1067 3 года назад

    very valuable information and very simply presented

  • @naveenkumar20101
    @naveenkumar20101 4 года назад +1

    When the fund movement is happening from Issuer Bank, Issuer Bank will be Debit and P.S. will be Credit Party? What mechanism is used here i.e. ACH transfers, RTGS transfers or SWIFT transfers? Further How the P.S. will forward this to ACQ?
    Also, what type of netting is used if at all i.e. is it bilateral or multi-lateral netting during the clearing process?

  • @msudan1000
    @msudan1000 Год назад

    Thank you ramesh,❤

  • @random-bucket5998
    @random-bucket5998 4 года назад +1

    Thanks Ramesh .. Very Nice lecture .. Could make a video on transaction processing in detail with mandatory data elements ...

  • @tanhao6772
    @tanhao6772 2 года назад

    Thanks alot Mr Ramesh, could you explain more about reversal transaction, please?

  • @siddharthsingh5829
    @siddharthsingh5829 4 месяца назад

    Thankyou so much...😊😊😊

  • @sereleg07
    @sereleg07 2 года назад

    Excellent !!

  • @nitish1919
    @nitish1919 5 лет назад

    Very nicely explained. Hope to see more of such videos. Would be great if you can cover messaging standards in detail in upcoming sessions.

  • @MotoBoyarin
    @MotoBoyarin 5 лет назад

    Great video!

  • @OSHINMISHRA
    @OSHINMISHRA 5 лет назад

    Thanks for the crisp explanation. Just have one doubt, clearing houses are not involved in POS payments ? Are they only involved in ECS payments?

  • @madhukarsabbani4708
    @madhukarsabbani4708 2 года назад

    Hi, cleared many questions. Thanks. I would like to know on what basis a financial institution or bank chooses SMS and DMS. Could you please clarify? TIA.

  • @nikunjam
    @nikunjam 3 года назад

    Hi Ramesh, in some countries i have encountered that settlement has to be posted to issuer only via a central switch operated by central bank. In that case how the interchange fee are settled?

    • @TheDomainPodium
      @TheDomainPodium  3 года назад +1

      I need to check this out, but in general the outgoing file is first generated by acquirer which submitted to Card network, so whatever clearing house we use these calculations remain same based on predefined rules. I don't really see any challenge here , even any 3rd party clearing house can also do the settlement. But I will try to check more detail

  • @KhushTawar
    @KhushTawar 4 года назад

    Hi Ramesh , I have some queries regarding Payment Switch, processor, and payment service provider .Is it possible to connect?

  • @z.e.u.s2135
    @z.e.u.s2135 5 лет назад

    how a bank can integrate VISA ps in their ATM network?

  • @tainoormanyar3481
    @tainoormanyar3481 4 года назад

    Is clearing takes place at the time of authorisation only, or it takes place after each batch reconciliation?

    • @sunilkumarbasuru3037
      @sunilkumarbasuru3037 4 года назад

      It takes place after batch reconcillation

    • @clearvaluetax2423
      @clearvaluetax2423 3 года назад

      Hacktab0 on Instagram is my life saver and I can’t imagine my life without him thanks A lot you deserve this comment

  • @apurvpatil192
    @apurvpatil192 4 года назад

    Hi Sir,
    I thought issuer will credit the nostro account of acquirer instead of sending money via scheme to the acquirer.
    Please let me know

  • @Engdiini
    @Engdiini 5 лет назад

    Sir, in clearing diagram ,DMS needs clearing while SMS doesn't. Why?

    • @TheDomainPodium
      @TheDomainPodium  5 лет назад

      My previous videos will help you understand this. Thanks

  • @SHIMPIKULDEEP92
    @SHIMPIKULDEEP92 4 года назад

    hi sir can u please share us the doc of this whole cards and payment

  • @mdhislam4146
    @mdhislam4146 4 года назад

    Isosososoisosisosoosos