Search: RITS
RBA Glossary definition for RITS
RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.
RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.
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Our Role
9 Aug 2023
RBA Annual Report
- 2022
PDF
207KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/our-role.pdf
Reserve Bank of Australia Annual Report 2021
14 Oct 2021
RBA Annual Report
2021
PDF
126KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/our-role.pdf
Reserve Bank of Australia Annual Report 2019 - Abbreviations
14 Oct 2019
RBA Annual Report
2019
PDF
241KB
https://www.rba.gov.au/publications/annual-reports/rba/2019/pdf/abbreviations.pdf
Reserve Bank of Australia Annual Report 2020 - Abbreviations
14 Oct 2020
Annual Report
PDF
353KB
FSB Financial Stability Board. FSS Fast Settlement Service (of RITS). FTE full-time equivalent. ... LLB Bachelor of Laws. LVSS RITS Low Value Settlement Service. MBA Master of Business Administration.
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/abbreviations.pdf
Abbreviations
27 Sep 2022
PSB Annual Report
- 2022
PDF
76KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/abbreviations.pdf
Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
447KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/operational-structure.pdf
Payments System Board Annual Report 2020 - Governance
14 Oct 2020
PSB Annual Report
2020
PDF
606KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/governance.pdf
Abbreviations
21 Oct 2021
PSB Annual Report
- 2021
PDF
76KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/abbreviations.pdf
Reserve Bank of Australia Annual Report 2019 - Our Role
10 Feb 2020
RBA Annual Report
2019
PDF
796KB
https://www.rba.gov.au/publications/annual-reports/rba/2019/pdf/our-role.pdf
Reserve Bank of Australia Annual Report 2020 - Our Role
14 Oct 2020
Annual Report
PDF
453KB
Service of RITS settles obligations arising from individual payments exchanged on the New Payments Platform in real time on a 24/7 basis. ... A separate area of the Bank assesses RITS against international standards for such infrastructure on an annual
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/our-role.pdf