Batches
Batches are settled using the batch feeder facility in RITS.
Batches are entered by an entity approved by the RBA to act as a Batch Administrator for a particular business stream.
Current batch streams / Batch Administrators:
- ASX CHESS Batch (for settlement of transactions in equities) / ASX Settlement Pty Ltd
- eftpos Batch (for settlement of point-of-sale eftpos obligations) / eftpos Payments Australia Limited
- Mastercard Batch (for settlement of Mastercard domestic AUD obligations) / Mastercard International Incorporated
- Property Batch (for settlement of the cash leg of property transactions arising in the PEXA e-conveyancing system) / Property Exchange Australia Limited
- ASXF Batch (for settlement of the cash leg of property transactions arising in the Sympli e-conveyancing system) / ASX Financial Settlements Pty Limited
Relevant Documents and Links
A description of the batch facility in RITS is available in Enhanced Batch Processing in RITS (PDF).
Details of the content of SWIFT messages used are contained in Batch Feeder System for RITS: Functional/Message Content Specifications (PDF).
For information on the eligibility criteria for a Batch Administrator, see: Eligibility Criteria for the Batch Administrator.
Information for participants of the Mastercard Batch is available in the Mastercard Batch Information Paper for RITS Members (PDF).
Information for participants of the eftpos Batch is available in the eftpos Batch Information Paper for RITS Members (PDF).
Information on the PEXA Property Batch is available in the E-Conveyancing and Interbank Settlement in RITS Information Note for Members (PDF).
Information on the ASXF Batch is available in the ASXF Batch Information Paper for RITS Members (PDF).