MEMBERSHIP

An institution wishing to become a RITS Member must lodge an application with the Reserve Bank of Australia (RBA). Membership is mandatory for all Australian-licensed banks, for Batch Administrators and for non-banks that wish to deal with the RBA in its domestic market operations.

Applying for RITS Membership

Three categories of RITS Membership are available: Banks, Other Holders of Exchange Settlement Accounts (ESAs) and Non-Transaction Members.  Non-Transaction Members of RITS do not have an ESA and belong to RITS for the purpose of being a Batch Administrator or being an eligible counterparty of the RBA in its domestic market operations.

An institution wishing to apply for RITS Membership should contact the RBA, Planning and Client Relations.

For institutions who require an ESA, further information on the role of ESAs, the application process and criteria for eligibility are outlined in the Media Release on Eligibility for Exchange Settlement Accounts.

Current RITS Members

The RITS Membership List include Banks, Other Holders of ESAs and Non-Transaction Members.

RITS Fees and Billing Information

The Schedule of Fees includes fees for transactions, special requests for information and connection to RITS.