Glossary A B C D E F G H I J K L M
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Deferred Net Settlement

Net settlement is the daily resolution of all of the transactions that have taken place on a given day. Most financial institutions will undertake this on a daily basis, to settle all of the outstanding debits and credits that were entered into the system.

Deferred Net Settlement, known as a DNS, and is a financial instrument that is used in the banking system where payments and any other financial obligation are deferred to be settled on a later date.

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2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB