bank reserve settlement

基本解释

The Required Reserve is depositors'bank's minimum balance of deposits in central bank to ensure that the bank do no run out of cash on hand to meet the demand for withdrawals and settlement.
存款准备金是指金融机构为保证客户提取存款和资金清算需要而准备的在中央银行的存款，中央银行要求的存款准备金占其存款总额的比例就是存款准备金率。

He says the Federal Reserve Board, acting as arbiter of the bank settlement system, should outlaw no-surcharge rules.
FORBES: Credit Where It's Due
The Office of the Comptroller of the Currency, the Federal Reserve and the Office of Thrift Supervision announced a separate settlement with 14 mortgage servicers including Bank of America, Citigoup, HSBC, JPMorgan Chase, MetLife Bank, PNC, U.S. Bank, and Wells Fargo that was little more than a slap on the wrist.
FORBES: Bank Of America Expands Mortgage Help Centers Across U.S.