Search: Clearing
RBA Glossary definition for Clearing
Clearing – The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement.
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Background | Review of the Regulatory Framework for the eftpos System: Consultation on Designation March 2012 | Consultations
9 Mar 2012
Consultations
rules set collectively via the Australian Payments Clearing Association (APCA).
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/background.html
The Operation of the Interchange Standards: Consultation Paper
28 Feb 2019
Consultations
PDF
990KB
23 For example, in the case of eftpos, this obligation would apply to (i) issuers that do not use a clearing agent, and (ii). ... clearing agents. 24 These changes are also reflected in new definitions of Direct Issuer Participant Payments and Direct
https://www.rba.gov.au/publications/consultations/201902-operation-of-the-interchange-standards/pdf/201902-operation-of-the-interchange-standards.pdf
Background | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations
8 Jun 2012
Consultations
The Access Code, administered by the Australian Payments Clearing Association (APCA) on behalf of EFTPOS Access Australia Limited, sets out timeframes for agreement on access terms and provides a mechanism to ... While certain operational procedures and
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/background.html
Introduction | Strategic Review of Innovation in the Payments System: Issues for Consultation June 2011 | Consultations
7 Jun 2011
Consultations
Clearing of payments has moved from paper exchanges to exchanges of magnetic tapes and now electronic exchanges, with clearing times shortened correspondingly.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/introduction.html
References | Strategic Review of Innovation in the Payments System: Issues for Consultation June 2011 | Consultations
7 Jun 2011
Consultations
Australian Payments Clearing Association (2011), ‘The Role of Cheques in an Evolving Payments System’, June.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/references.html
ISO 20022 Migration | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
For payments, the ISO 20022 standard covers messaging related to cash account management, payments initiation, clearing, and settlement. ... The SWIFT Payment Delivery System (PDS), covering clearing and settlement messaging between HVCS members.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/iso-20022-migration.html
The Decline of Traditional Payment Methods | Strategic Review of Innovation in the Payments System: Issues for Consultation June 2011 |…
7 Jun 2011
Consultations
The Australian Payments Clearing Association's (APCA) consultation paper on the issue focuses on a range of possible industry approaches to this question. ... consider phasing out cheque clearing – the approach being considered in some other countries,
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/decline-traditional-payment-methods.html
A Variation to the Access Regime for the ATM System: Consultation Document May 2012
28 May 2012
Consultations
PDF
804KB
APCA’ means the Australian Payments Clearing Association Limited (ABN 12 055 136 519);. ... Direct Clearing/Settlement Service’ has the same meaning as in the ATM Access Code;.
https://www.rba.gov.au/publications/consultations/201205-acc-reg-atm-sys-cons-doc/pdf/201205-acc-reg-atm-sysm-cons-doc.pdf
Strategic Issues – Payment System Design | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
The NPP utilises ISO 20022 messaging for the clearing and settlement of payments. ... In each model, interbank settlement in RITS would occur before the completion of the payments clearing.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-payment-system-design.html
Glossary | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
This clearing system is administered by AusPayNet and is primarily used for exchange of cheque payments. ... FMI. Financial Market Infrastructure. FSS. Fast Settlement Service. HVCS. High Value Clearing System.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/glossary.html