NCB Technical Account

In the ESES context, the reconciliation account which is the tool for recording (i) all debits and credits made to all Cash Accounts in the course of a given Business Day in execution of Liquidity Transfers and (ii), for the purposes of returning balances to the Central Bank at the end of the day, all debits and credits made to Cross-NCB Positions.

Euroclear glossary. 2008.

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