Settlement Instruction Failure
A settlement instruction failure occurs when an approved request to transfer value cannot proceed or complete under the applicable account, network or…
Payment Infrastructure & Operations
Payment processing, operations, routing, fees and merchant infrastructure.
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Terms (702)
Settlement Instruction ID
Settlement Instruction ID is a unique identifier assigned to a settlement instruction for tracking, deduplication, status inquiry, and reconciliation. It identifies the…
Settlement Instruction Status
Settlement Instruction Status is the current processing condition of a settlement instruction, such as received, validated, queued, settled, rejected, or failed. It…
Settlement Instruction Validation
Settlement Instruction Validation is the checks applied to a settlement instruction before execution to confirm format, authority, account, currency, amount, timing, and…
Settlement Integrity
Settlement integrity is the condition in which settlement data, calculations, instructions, postings, and outcomes remain complete, accurate, authorized, and internally consistent. It…
Settlement Latency
Settlement latency is the time between a defined starting event and the completion of settlement.
Settlement Limit
A settlement limit is a rule that caps the value, volume, exposure, or position allowed in a settlement process for a participant,…
Settlement Liquidity
Settlement liquidity is the amount of readily usable money or crypto a business can deploy to meet a settlement obligation in the…
Settlement Liquidity Requirement
Settlement Liquidity Requirement is the liquid resources needed to complete settlement obligations on time under normal and stressed conditions. It focuses on…
Settlement Monitoring
Settlement monitoring tracks obligations, positions, funding, instructions, statuses, balances, timing, and exceptions from settlement preparation through final reconciliation. It provides early warning…
Settlement Network
A settlement network is the connected set of institutions, rules, messaging channels, accounts, and infrastructure used to complete settlement between participants. It…
Settlement Obligation
A settlement obligation is the amount of money, securities, or other assets that a party is required to deliver or receive at…
Settlement Position
A settlement position is the net amount a participant is entitled to receive or obliged to deliver after accounting for eligible transactions,…
Settlement Prefunding
Settlement prefunding means placing money or crypto assets in the required account or network before future payments or settlement obligations become due.
Settlement Processing
Settlement Processing is the operational and technical execution of settlement instructions from preparation and validation through final posting and confirmation. It covers…
Settlement Reconciliation
Settlement reconciliation compares amounts credited or owed by a crypto payment service with the funds or assets actually delivered to the merchant.…
Settlement Report
A settlement report summarizes settlement obligations, transactions, fees, adjustments, positions, statuses, and completed movements for a defined period or cycle. It supports…
Settlement Risk Limit
Settlement Risk Limit is a quantitative or qualitative cap on acceptable settlement exposure to a counterparty, route, asset, time window, or settlement…
Settlement Routing
Settlement routing selects the institution, account, network, asset, and path used to settle an obligation. The choice may depend on currency, destination,…
Settlement Schedule
A settlement schedule specifies the timing and eligibility rules for releasing collected payment funds to a merchant, such as on demand, daily…
Settlement State
Settlement State is a named lifecycle condition describing the current status of a settlement obligation, batch, or instruction. It describes lifecycle condition,…
Settlement Success Rate
Settlement success rate is the percentage of eligible settlement obligations that reach the defined successful outcome within a stated population and time…
Settlement System
Settlement System is the infrastructure, rules, participants, accounts, and processes used to discharge payment obligations through final transfer of settlement assets. It…
Settlement Threshold
Settlement Threshold is a configured amount or risk boundary that triggers a particular settlement action, control, review, or timing rule. A threshold…