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RBA Glossary definition for RITS

RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.

RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.

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RESERVE BANK OF AUSTRALIA

25 Mar 2021 PDF 164KB
System-wide infrastructure includes RITS and FSS, COIN, SWIFT, NPPA infrastructure (e.g. ... Where the service provider being used is not an active RITS Member (e.g.
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/incident-reporting-arrangements.pdf

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

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 810KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/list-of-graphs.pdf

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 369KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/governors-foreword.pdf

2021 Assessment of the Reserve Bank Information and Transfer System

11 Sep 2023 PDF 1366KB
that are material to the continued operational stability of RITS. RITS incidents and responses. ... expected from that time. While the incident affected the availability of RITS, RITS still achieved an average system availability of.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/pdf/2021-assessment-rits.pdf

Identifying Interbank Loans from Payments Data

6 Dec 2016 RDP PDF 3267KB
RITS). RITS is used by banks and other approved institutions to settle payment obligations on. ... IBOC Survey. However, since our algorithm identifies IBOC loans via their corresponding RITS.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-11.pdf

Our Role

9 Aug 2023 RBA Annual Report - 2022 PDF 207KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/our-role.pdf

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

Reserve Bank Domestic Operations under RTGS

23 Feb 2001 Bulletin PDF 43KB
The RTGS system now handles about90 per cent of the total flow of paymentsbetween members of the Reserve BankInformation Transfer System – RITS – whichis the operating framework to achievesettlement within RTGS. ... System Liquidity. The cash market
https://www.rba.gov.au/publications/bulletin/1998/nov/pdf/bu-1198-3.pdf

Reserve Bank of Australia Annual Report 2021

14 Oct 2021 RBA Annual Report 2021 PDF 126KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/our-role.pdf