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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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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

Governor's Foreword

28 Sep 2022 PSB Annual Report – September 2022
More account-to-account transfers are also occurring in real time using Australias fast payment system and further development of this system is underway. ... The Bank is working on elements of the G20 roadmap, including adoption of the international
https://www.rba.gov.au/publications/annual-reports/psb/2022/governors-foreword.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

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

Overview

10 Mar 2006 FSR – March 2006
The issue is thus less one of unsustainably fast growth in house prices and household debt, than of the implications of the much higher level of debt that has resulted from
https://www.rba.gov.au/publications/fsr/2006/mar/overview.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

Abbreviations

28 Sep 2022 PSB Annual Report – 2022
FSB. Financial Stability Board. FSS. Fast Settlement Service. HVCS. High Value Clearing System.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.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

The Australian Financial System

20 Oct 2018 FSR – October 2018
A major change to RITS in the past year has been the addition of the Fast Settlement Service (FSS). ... See RBA (2018), ‘Box D: The New Payments Platform and Fast Settlement Service’, Financial Stability Review, April, pp 49–52.
https://www.rba.gov.au/publications/fsr/2018/oct/aus-fin-sys.html

Regulatory Developments

9 Oct 2020 FSR – October 2020
The fast pace of developments since the onset of the pandemic has made it crucial that regulatory agencies communicate effectively on key developments and their own activities.
https://www.rba.gov.au/publications/fsr/2020/oct/regulatory-developments.html