It stands for net credit cap; an upper or maximum limit (cap) that is placed on the credit exposure (credit risk) which a participant (e.g., a bank) in a payment system is allowed– or willing– to take on, compared with all other participants or a specific participant in relation to incoming or outgoing payments that have not been settled.

For payments in the system, net credit cap defines the maximum amount of exposure that a market participant can take on any payments in process.

NCC may also denote non-cash charge.