In terms of settlement, high-value payments usually feature what characteristic?

High-value payments typically involve significant sums of money and are often related to large transactions such as corporate payments, interbank transfers, or international trade. The characteristic of immediate settlement needs is crucial in this context because parties involved in high-value transactions often require funds to be available instantly to mitigate credit risk and ensure that there is no delay in fulfilling contractual obligations.

Immediate settlement helps facilitate quick cash flow management and provides assurance to both parties that the transaction has been successfully completed without delay. Therefore, the focus on immediate settlement is a key aspect of how high-value payments are processed, distinguishing them from lower-value transactions that may utilize deferred or batch processing methods.