Search: bank accepted bill of exchange
RBA Glossary definition for bank accepted bill of exchange
bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.
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Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
The Bank's medium-term payments-related work agenda is focused on addressing these priorities. ... Given these constraints, if the Reserve Bank were to have pushed harder for the banks to develop new capabilities, it is not clear that they would have
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
List of tables | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector | Submissions
1 Jan 1991
Submissions
Revell, ‘Comparative Concentration of Banks’, Research Papers in Banking and Finance, Institute of European Finance, Bangor, United Kingdom. ... Table 6: Components of Profit for Major Banks. (as a proportion of total assets).
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/tables.html
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions
28 Dec 2019
Submissions
Each of the four major banks and the Reserve Bank are able to appoint a director. ... The proof-of-concept simulated the issuance of central bank-backed tokens to commercial banks in exchange for exchange settlement account balances, the exchange of
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html
Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions
8 May 2024
Submissions
Accordingly, the Bank will continue to closely monitor developments in Australia and overseas. ... card schemes provide the Bank with access to their fee schedules and scheme rules.
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html
Appendix A: Trends in the Australian Financial System | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector |…
6 Sep 1996
Submissions
To some extent, the banks responded by creating non-bank subsidiaries to conduct this business ‘outside’ the bank itself and, therefore, outside regulatory constraints. ... In other cases, non-bank institutions were joint ventures between domestic
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/appendix-a.html
Submission on Data Sharing and Release Legislation – August 2018 | Data Sharing | Submissions
1 Aug 2018
Submissions
The existence of section 79A is also key to the Bank's ability to exchange information with central banks and regulatory authorities in other jurisdictions. ... Without section 79A, or something substantially similar, the Bank may lose the ability to
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/
Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
In the process, they incur liabilities one to the other. By settling these clearing system obligations using settlement accounts with the central bank, creditor banks exchange claims on other commercial banks ... One common complaint is that non-bank
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html
Appendix B: Overseas Supervisory Arrangements | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector |…
6 Sep 1996
Submissions
most central banks are heavily involved in bank supervision, either as the sole supervisor or by sharing responsibilities with another agency. ... The Federal Reserve System in the US is the primary supervisor for bank holding companies and
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/appendix-b.html
Policy Responses | Hedge Funds, Financial Stability and Market Integrity – March 1999-Public | Financial Sector | Submissions
1 Mar 1999
Submissions
This concessional capital treatment to short-dated foreign exchange transactions has contributed to very fine pricing on these contracts, and also reduced banks' incentive to limit exposures. ... An alternative approach is for a timely and focussed
https://www.rba.gov.au/publications/submissions/financial-sector/hedge-funds-financial-stability-and-market-integrity/public-policy-responses.html
Executive Summary | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
At present the RBA separately authorises financial institutions (banks and non-banks) that trade in the foreign exchange market. ... Two solutions to this unsatisfactory arrangement are to either confine foreign exchange trading to banks, or to cease
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/executive-summary.html