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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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Our Role

21 Oct 2021 RBA Annual Report – 2021
The Fast Settlement Service of RITS settles obligations arising from individual payments exchanged on the New Payments Platform in real time on a 24/7 basis.
https://www.rba.gov.au/publications/annual-reports/rba/2021/our-role.html

Abbreviations

15 Oct 2020 PSB Annual Report – 2020
FSS. Fast Settlement Service. HVCS. High Value Clearing System. IBOR. Interbank offered rate.
https://www.rba.gov.au/publications/annual-reports/psb/2020/abbreviations.html

Our Role

12 Apr 2020 RBA Annual Report – 2020
The Fast Settlement Service of RITS settles obligations arising from individual payments exchanged on the New Payments Platform in real time on a 24/7 basis.
https://www.rba.gov.au/publications/annual-reports/rba/2020/our-role.html

2.5 International Financial Cooperation

19 Oct 2023 RBA Annual Report – October 2023
International Financial Cooperation | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/international-financial-cooperation.html

Governor's Foreword

21 Oct 2021 RBA Annual Report – 2021
Many of these payments have been made using Australia's real-time fast payment system, which allows money to be paid into bank accounts 24 hours a day, seven days a ... week. The Bank has been a long-time proponent of a fast payments system in Australia
https://www.rba.gov.au/publications/annual-reports/rba/2021/governors-foreword.html

Banking and Payment Services

21 Oct 2021 RBA Annual Report – 2021
Another service of RITS is the Fast Settlement Service (FSS), which enables the real-time gross settlement of transactions initiated through the NPP. ... Since its public launch in 2018, the NPP has greatly expanded the availability of fast and low-cost
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html

Abbreviations

21 Oct 2021 RBA Annual Report – 2021
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange.
https://www.rba.gov.au/publications/annual-reports/rba/2021/abbreviations.html

Discussion | Conference – 2016

18 Mar 2016 Conferences
Hong Kong's bilateral capital flows with mainland China have increased at a fast pace and have become more balanced across the different types of capital flows. ... On the other hand, several participants questioned whether the liberalisation of the
https://www.rba.gov.au/publications/confs/2016/schipke-discussion.html

Abbreviations

17 Oct 2019 PSB Annual Report – 2019
Fast Settlement Service. GST. Goods and Services Tax. ICO. Initial coin offering.
https://www.rba.gov.au/publications/annual-reports/psb/2019/abbreviations.html

Our Role

17 Oct 2019 RBA Annual Report – 2019
The Fast Settlement Service of RITS settles obligations arising from individual payments exchanged on the New Payments Platform in real time on a 24/7 basis.
https://www.rba.gov.au/publications/annual-reports/rba/2019/our-role.html