Arveldussüsteem

An arveldussüsteem, often translated as a settlement system or clearing system, is a crucial component of financial markets. It is a network of financial institutions that facilitates the transfer of funds or securities between parties involved in a transaction. The primary function of an arveldussüsteem is to ensure that transactions are completed accurately and efficiently, thereby reducing risk and maintaining confidence in the financial system.

These systems typically operate by netting out multiple transactions. Instead of each individual payment being settled, the system calculates the net amount owed or due by each participant. This netting process significantly reduces the volume of actual money that needs to be transferred, making the process more manageable and cost-effective.

The scope of an arveldussüsteem can vary. Some systems focus solely on the transfer of money, while others handle both money and securities. They can be operated by central banks, commercial banks, or specialized clearing houses. The reliability and security of an arveldussüsteem are paramount, as disruptions can have widespread implications for the economy. International bodies and national regulators often set standards and oversee the operation of these systems to ensure their stability.