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RBA Glossary definition for SWIFT

SWIFT – Society for Worldwide Interbank Financial Telecommunication. A co-operative organisation that operates a network for the exchange of payment and other financial messages between financial institutions.

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Consultation on ISO 20022 Migration for the Australian Payments System

8 Apr 2019 Media Releases
Recently, SWIFT announced plans to cease ongoing support of some MT messages used for cross-border payments after November 2025 and migrate them to the ISO 20022 standard. ... SWIFT's end goal is to fully migrate all payments and reporting traffic to ISO
https://www.rba.gov.au/media-releases/2019/mr-19-09.html

Oversight of High-value Payment Systems

9 Oct 2015 PSB Annual Report – 2015
Consequently, the Reserve Bank participates in international cooperative arrangements that facilitate oversight of SWIFT. ... Since SWIFT is incorporated in Belgium, the OG is chaired by the National Bank of Belgium.
https://www.rba.gov.au/publications/annual-reports/psb/2015/oversight-of-high-value-payment-systems.html

Lessons and Lasting Effects of the Pandemic

23 Jun 2021 Speech
Luci Ellis
Speech delivered by Luci Ellis, Assistant Governor (Economic), to the Ai Group, Adelaide
https://www.rba.gov.au/speeches/2021/sp-ag-2021-06-23.html

Electronic Indicators of Economic Activity

10 Jun 2012 Bulletin – June 2012
Troy Gill, Dilhan Perera and David Sunner
Nevertheless, SWIFT payments track changes in these measures of economic activity reasonably well (Graph 1, Table 1). ... SWIFT (Society for Worldwide Interbank Financial Telecommunication) (2012), ‘The SWIFT Index Technical Description’.
https://www.rba.gov.au/publications/bulletin/2012/jun/1.html

Electronic Indicators of Economic Activity

20 Jun 2012 Bulletin PDF 1091KB
Reserve Bank of Australia Bulletin June Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612-1.pdf

Appendix A: Background Information | 2015 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
This functionality can be accessed through either the RITS User Interface or via SWIFT messages. ... in April); these remain the times when settlement of SWIFT and Austraclear transactions ceases.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/appendix-a.html

Real-time Gross Settlement in Australia

21 Sep 2010 Bulletin PDF 257KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-8.pdf

List of tables | 2014 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
RITS. 42. 162.7. 162.7. SWIFT payments (HVCS). 38.7. 100.5. 100.5. Debt securities (Austraclear). ... A broader group of central banks, including the Reserve Bank of Australia, are represented on the SWIFT Oversight Forum.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/tables.html

Modernising Australia's Payments System

25 Jun 2019 Speech
Michele Bullock
Speech delivered by Michele Bullock, Assistant Governor (Financial System), to the Central Bank Payments Conference, Berlin
https://www.rba.gov.au/speeches/2019/sp-ag-2019-06-25.html

Australian Securitisation Markets: Responding to Change

21 Nov 2023 Speech
Carl Schwartz
Speech delivered by Carl Schwartz, Acting Head of Domestic Markets, Australian Securitisation Conference 2023, Sydney
https://www.rba.gov.au/speeches/2023/sp-so-2023-11-21.html