Definition, Meaning & Synonyms
standing-settlement-instructions
Financial Term
/ˈstændɪŋ ˈsɛtəlmənt ɪnˈstrʌkʃənz/
Definition
Standing settlement instructions refer to predetermined guidelines or orders established by an individual or entity for the recurring processing of transactions in financial markets.
Examples
- The investor set up standing settlement instructions to automate the payment of dividends.
- Using standing settlement instructions saves time and reduces the risk of errors in transaction processing.
- Each client provided their standing settlement instructions for efficient trade settlements.
Meaning
These instructions dictate how and where funds or securities should be settled for regular transactions, eliminating the need to manually input details for every transaction.
Synonyms
- Automated settlement guidelines
- Recurring transaction instructions
- Predefined settlement terms