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RBA Glossary definition for balance of payments

balance of payments – A summary of the economic transactions between residents of one country and residents of other countries.

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Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
Operational resilience in retail payments also depends on the underlying infrastructure and payment systems that facilitate payments. ... For further information, see RBA (2021), Box A: The G20 Roadmap to Enhance Cross-border Payments, Payment System
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.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

Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…

8 May 2024 Submissions
Submissions – Payments System Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology. ... Households and businesses are also well served by a modern, efficient and resilient electronic payment system
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html

Banking and Payment Services

21 Oct 2021 RBA Annual Report – 2021
While the Bank provides a broad range of payment and collection services, the bulk of the Australian Government's payments are made via local low-value direct entry systems both domestically ... In line with the Financial Stability Board's updated
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

8 May 2024 Submissions
In that submission, the Bank noted that, on balance, it supported the granting of interim authorisation for that purpose. ... The implementation of mandatory PIN@POS arrangements will impose costs on consumers, merchants and financial
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html

Risk Management

27 Oct 2022 RBA Annual Report – October 2022
These risks remain the responsibility of the Governor, the Reserve Bank Board and the Payments System Board. ... ES account balances have increased significantly since 2020 as a result of the TFF and asset purchase program.
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html

Banking and Payment Services

12 Apr 2020 RBA Annual Report – 2020
Agencies continue to actively encourage customers to use more efficient electronic payment options with electronic payments now representing 99 per cent of all collections-related transactions in 2019/20. ... In addition, the Bank developed bespoke
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html

3.2 Our People

19 Oct 2023 RBA Annual Report – October 2023
Our People | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/our-people.html

Annual Performance Statement for 2021/22

27 Oct 2022 RBA Annual Report – October 2022
The Banks payments policy area also acts as overseer of Australias high-value payment system, the Reserve Bank Information and Transfer System (RITS). ... supporting agency customers as they migrate payments from legacy payment systems to new systems.
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.html

Financial Market Infrastructures

28 Sep 2022 PSB Annual Report – September 2022
A payment system is systemically important if it has the potential to trigger or transmit systemic disruption – for example, because it processes a large share of the value of payments in ... Graph 4.10. Back-up payment arrangements. The Protected
https://www.rba.gov.au/publications/annual-reports/psb/2022/financial-market-infrastructures.html