Search: RITS
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.
Search Results
Governor's Foreword
19 Oct 2023
RBA Annual Report
– October 2023
Governor's Foreword | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/governors-foreword.html
Risk Management
21 Oct 2021
RBA Annual Report
– 2021
The counterparties of the Reserve Bank dealing in policy operations in the domestic market must be members of the Reserve Bank Information and Transfer System (RITS), subject to an appropriate level ... transacting in financial markets to implement
https://www.rba.gov.au/publications/annual-reports/rba/2021/risk-management.html
Governance and Accountability
27 Oct 2022
RBA Annual Report
– October 2022
and Transfer System (RITS); it is a provider of transactional banking services to the Australian Government and its agencies; and it is the principal regulator of the payments system through the ... In the case of the Reserve Banks oversight of RITS, the
https://www.rba.gov.au/publications/annual-reports/rba/2022/governance-and-accountability.html
Abbreviations
27 Oct 2022
RBA Annual Report
– 2022
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange. ... RDP. Research Discussion Paper. repo. repurchase agreement. RITS. Reserve Bank Information and Transfer System.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html
Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
447KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/operational-structure.pdf
List of tables
24 Oct 2016
PSB Annual Report
– 2016
RITS. 157.8. 162.7. 167.8. 167.2. SWIFT payments (HVCS). 97.1. 100.5. 103.8. ... 100.7. Debt settlements (Austraclear). (b). 48.5. 50.3. 52.0. 54.8. RITS cash transfers.
https://www.rba.gov.au/publications/annual-reports/psb/2016/tables.html
Reserve Bank of Australia Annual Report 2023
18 Oct 2023
RBA Annual Report
- 2023
PDF
516KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/governance-and-accountability.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
Abbreviations
27 Sep 2023
PSB Annual Report
– 2023
Risk-free rate. RITS. Reserve Bank Information and Transfer System. RTGS. Real-time gross settlement.
https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html
Banking and Payment Services
17 Oct 2019
RBA Annual Report
– 2019
Each batch administrator calculates its participants' obligations, which it submits to RITS for simultaneous settlement in a ‘batch’. ... from the Reserve Bank to administer a new property settlement batch in RITS.
https://www.rba.gov.au/publications/annual-reports/rba/2019/banking-and-payment-services.html