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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.

RBA Glossary definition for SWIFT PDS

SWIFT PDS – SWIFT Payment Delivery System

RBA Glossary definition for PDS

PDS – Payment Delivery System

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Glossary of Terms and Abbreviations

1 Oct 1999 PSB Annual Report – 1999
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. ... SWIFT PDS. SWIFT Payment Delivery System.
https://www.rba.gov.au/publications/annual-reports/psb/1999/glossary.html

The Australian Payments System

24 Mar 2003 PSB Annual Report – 2002
The SWIFT Payment Delivery System (PDS) is the main vehicle for making payments which do not have an associated securities transaction. ... corporate transactions, etc. SWIFT PDS. 88.5. 17.1. Other interbank transfers. RTGS.
https://www.rba.gov.au/publications/annual-reports/psb/2002/au-payments.html

The Australian Payments System

1 Oct 1999 PSB Annual Report – 1999
The other two streams are Austraclear, an electronic depository and settlement system for other debt securities, and the SWIFT Payment Delivery System (PDS), the main vehicle for making payments which do ... Austraclear. 21.3. 2.6. Foreign exchange,
https://www.rba.gov.au/publications/annual-reports/psb/1999/payments.html

Surveillance of the Financial System

30 Jun 1998 RBA Annual Report – 1998
Migration of payments to the SWIFT PDS was completed in March 1998, mostly from an electronic payments system which has now ceased operation. ... This included technical linkages to the SWIFT PDS and changes to the management of within-day liquidity and
https://www.rba.gov.au/publications/annual-reports/rba/1998/surveillance.html

Glossary

30 Jun 1998 RBA Annual Report – 1998
PDS. Payment Delivery System. RITS. Reserve Bank Information and Transfer System. ... SWIFT. Society for Worldwide Interbank Financial Telecommunication.
https://www.rba.gov.au/publications/annual-reports/rba/1998/glossary.html

The Board's First Year

1 Oct 1999 PSB Annual Report – 1999
The approvals ensure the finality of all RTGS transactions (including those delivered to RITS by APCA's SWIFT PDS), thus providing a legal underpinning for the elimination of settlement risk in
https://www.rba.gov.au/publications/annual-reports/psb/1999/first-year.html

Domestic Economic Conditions

5 Nov 2020 SMP – November 2020
Statement on Monetary Policy – November 20203. Domestic Economic Conditions. A recovery in economic activity is underway across the country, but is proceeding at an uneven pace. Some industries remain constrained by mandated and voluntary social
https://www.rba.gov.au/publications/smp/2020/nov/domestic-economic-conditions.html

Overview

6 May 2021 SMP – May 2021
Globally, there has been a swift recovery in international trade as people switched their spending away from services and towards goods.
https://www.rba.gov.au/publications/smp/2021/may/overview.html

Financial Market Infrastructures

28 Sep 2022 PSB Annual Report – September 2022
The G10 central banks oversee SWIFT through the SWIFT Cooperative Oversight Group (OG). ... During 2021/22, the SOF maintained a focus on cyber resilience, including SWIFTs ongoing program to ensure SWIFT members defences against cyber-attacks are up to
https://www.rba.gov.au/publications/annual-reports/psb/2022/financial-market-infrastructures.html

Oversight of High-value Payment Systems

12 Sep 2014 PSB Annual Report – 2014
SWIFT also provides critical services to other FMIs and many other market participants. ... The OG has also increased its monitoring of cyber security initiatives at SWIFT.
https://www.rba.gov.au/publications/annual-reports/psb/2014/oversight-high-value.html