Exchange Settlement Account System

ESAS is the Reserve Bank of New Zealand's Exchange Settlement Account System and along with Real-Time Gross Settlement (RTGS) allows individual transactions between financial institutions to be settled electronically as the transactions happen.

Exchange Settlement Account System (ESAS) closure dates for 2007 - 2009

ESAS Overview updated April 2007

Exchange Settlement Account System Terms and Conditions (PDF 78KB)

Notice Pursuant to Clause 4.1 of ESAS Terms and Conditions (PDF 115KB)

Policy on Access to Exchange Settlement Accounts (August 2007)