National Settlement Service (NSS)
nounid
3328·updated May 12, 2026candidate
Also referred to as Deferred Net Settlement. The Federal Reserve Banks' multilateral settlement service. NSS is offered to depository institutions that settle for participants in clearinghouses, financial exchanges, and other clearing and settlement groups. Settlement agents acting on behalf of those depository institutions electronically submit settlement files to the Federal Reserve Banks. Files are processed on receipt, and entries are automatically posted to the depository institutions' Reserve Bank accounts. Entries are final when posted.
MWE
Classifications
Entity Type
Organization0%rule-basedmulti_axis_classifier_low_confidence.v1
Sensitivity
Regulated80%llm-generatedllm:claude-haiku-4-5
Information Class
—60%llm-generatedllm:claude-haiku-4-5
Variants
- plural
- National Settlement Service (NSS)S
- possessive
- National Settlement Service (NSS)'s
- pluralpossessive
- National Settlement Service (NSS)S'
Framework definitions
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- Also referred to as Deferred Net Settlement. The Federal Reserve Banks' multilateral settlement service. NSS is offered to depository institutions that settle for participants in clearinghouses, financial exchanges, and other clearing and settlement groups. Settlement agents acting on behalf of those depository institutions electronically submit settlement files to the Federal Reserve Banks. Files are processed on receipt, and entries are automatically posted to the depository institutions' Reserve Bank accounts. Entries are final when posted.
Outgoing relationships
No outgoing triples
This term is not the subject of any RDF-style relationship yet.
Incoming relationships
No incoming triples
No other term currently asserts a relationship to this one.