Search: SWIFT
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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Glossary | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
SWIFT FIN (FIN). The SWIFT messaging service that enables the exchange of MT messages. ... SWIFT InterAct (InterAct). The SWIFT service that enables the exchange of ISO messages.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/glossary.html
Project Scope | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
The NPP operates on a dedicated domestic network, and HVCS operates on the global SWIFT network. ... This is expected to align to the SWIFT cross-border ISO 20022 migration timelines.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/project-scope.html
Innovation Gaps in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for Consultation June…
7 Jun 2011
Consultations
To that end, the International Standards Organisation (ISO), with SWIFT, has developed the ISO 20022 framework for payment messaging standards. ... Examples of its adoption include:. SWIFT helped to draft the original ISO 20022 standard and has used ISO
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/innovation-gaps.html
Introduction | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
Some of these services and systems use the Society for Worldwide Interbank Financial Telecommunication (SWIFT) Message Type (MT) messaging standards for messages used in trading, clearing, settlement and payments. ... SWIFT's end goal is to fully migrate
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/introduction.html
Message Design Enhancements | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
Please explain your view. Footnotes. For example, as part of SWIFT's cross border ISO 20022 migration, structured agent identification data will be mandatory from the start of the coexistence phase ... This practice is in line with SWIFT's Harmonisation
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/message-design-enhancements.html
Migration Approach | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
Figure 8. Some respondents identified potential impediments to migrating domestic payments messaging by the end of 2024, ahead of SWIFT's cut-off for MT cross-border flows. ... A third option could rely on the ability of some translation services to
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/migration-approach.html
Strategic Review of Innovation in the Payments System: Issues for Consultation - June 2011
30 Jun 2011
Consultations
PDF
1163KB
Strategic Review of Innovation in the Payments System
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/pdf/201106-strategic-review-innovation-issues.pdf
Strategic Issues – Migration Approach | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
Achieving alignment with SWIFT's cross-border payments migration would require Australian domestic messages to migrate from SWIFT MT formats before 2025. ... Q18 a) Is your organisation affected by the timing of SWIFT's ISO 20022 migration for
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-migration-approach.html
Strategic Issues – Project Governance | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
SWIFT – given SWIFT's role in setting messaging format standards and facilitating domestic and international payments across SWIFT networks, SWIFT could provide a key role in providing technical expertise and coordinating
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-project-governance.html
The Environment for Innovation in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for…
7 Jun 2011
Consultations
Several hubs already operate within the Australian payments system, including the SWIFT system for clearing high-value payments and the BPAY system.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/environment-innovation-australian.html