Settlement Systems Participant Group

The Settlement Systems Participant Group is responsible for determining the basis of settlement of the various clearing houses and evaluation of impact of new clearing agreements.

The members of the Committee consists of representatives from:

• PASA Operations and PASA COO
• ABN Amro Bank NV Johannesburg Branch
• Absa Bank Limited
• African Bank Limited
• Capitec Bank Limited
• Citibank NA South Africa
• Calyon Corporate and Investment Bank South Africa Branch
• FirstRand Bank Limited
• Habib Overseas Bank Limited
• HBZ Bank Limited
• Investec Bank Limited
• Mercantile Bank Limited
• Nedbank Limited
• Bidvest Bank Limited
• Societe Generale Johannesburg Branch
• South African Reserve Bank
• State Bank of India
• Standard Chartered Bank JHB Branch
• Teba Bank Limited
• The Standard Bank of SA Limited
• The SA Bank of Athens Limited