Search: RTGS
RBA Glossary definition for RTGS
RTGS – Real-time gross settlement. A payment system in which processing and settlement take place in real time (continuously).
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Business Services
21 Aug 2002
RBA Annual Report
– 2002
Testing entered a new phase in May, including extended hours for RITS, to enable low-value trial transactions to be processed across the production RTGS systems. ... In addition to RTGS payments, RITS settles two batches of netted interbank payments each
https://www.rba.gov.au/publications/annual-reports/rba/2002/bus-serv.html
The Impact of Payment System Design on Tiering Incentives
28 Jan 2015
RDP
PDF
862KB
However, RTGS systems require participants to hold substantial liquidity in order to make payments. ... Table 1: RTGS System Designs Central queue Bilateral offset Sub-limits Pure RTGS RTGS with central queue only RTGS with bilateral offset
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-06.pdf
Bulletin Articles – 1998
9 Mar 2023
Bulletin
The Reserve Bank Bulletin is a monthly publication that contains economic commentary, feature articles, speeches and a set of statistical tables
https://www.rba.gov.au/publications/bulletin/1998/
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
These include the general move towards RTGS in most countries and the emergence of multi-currency settlement systems. ... Almost all respondents reported that the introduction of RTGS in other countries had had little or no impact on their own settlement
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html
Safety and Stability
25 Sep 2003
PSB Annual Report
– 2003
High-value payments are usually settled on a real-time gross settlement (RTGS) basis. ... of RTGS transactions can enter into agency arrangements with other institutions to settle their RTGS payments.
https://www.rba.gov.au/publications/annual-reports/psb/2003/safety-stability.html
Payments & Infrastructure Resources – Media Releases
23 May 2024
Media releases relating to the Payments System
https://www.rba.gov.au/payments-and-infrastructure/resources/media-releases.html
The Australian High-Value Payments System
19 Apr 2004
FSR
PDF
98KB
A successful RTGS system therefore requires adequate liquidity for banks to make their payments. ... Source: RBA. RTGS liquidity (RHS). Auto-Offset settlements(LHS). Reserve Bank of Australia.
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304-1.pdf
The Path to Innovation in Payments Infrastructure in Australia
26 Sep 2014
Speech
Speech by Tony Richards at the Chicago Payments Symposium, Chicago
https://www.rba.gov.au/speeches/2014/sp-so-260914.html
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
– June 2014
In November 2013, the Reserve Bank introduced changes to its Reserve Bank Information and Transfer System (RITS) to allow the same-day settlement of non-government direct entry obligations. This outcome met one of the objectives set by the Payments
https://www.rba.gov.au/publications/bulletin/2014/jun/7.html
Speeches – 1998
31 Dec 1998
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/1998/