The Exchange Settlement Account System (ESAS)
Owned and operated by the Reserve Bank of New Zealand – Te Pūtea Matua.
More information on ESAS can be found in our Payment and settlement systems section.
Payments and settlement systems section
The CLS System
Owned and operated by CLS Bank International.
More information on the CLS System can be found on the CLS website.
The NZCDC Settlement System
Owned and operated by New Zealand Clearing and Depository Corporation Limited.
The NZClear settlement system
Owned and operated by the Reserve Bank of New Zealand – Te Pūtea Matua.
More information on NZClear can be found in the Payment and Settlement section.
Payment and Settlement section
The ASXCF settlement system
Operated by ASXClear (Futures) Pty Limited.
When they were declared designated
ESAS and the CLS settlement systems
ESAS and the CLS System were declared designated systems by the Reserve Bank of New Zealand (Designated Settlement Systems) Order 2004. The Reserve Bank of New Zealand (Designated Settlement Systems) Amendment Order 2013 amended the 2004 Order, renaming it and making the existing designations subject to new conditions.
ESAS and the CLS System are pure payment systems. A pure payment system is a designated settlement system that provides solely for the transfer of funds. We are the only regulator of pure payment systems.
The NZCDC settlement system
We declared the NZCDC settlement system a designated settlement system in (Designated Settlement System – NZCDC) Order 2010.
The NZClear settlement system
We declared the NZClear settlement system a designated settlement system in (Designated Settlement System – NZClear) Order 2012.
The ASXCF settlement system
We declared the ASXCF settlement system a designated settlement system in (Designated Settlement System – ASXCF) Order 2020.