Search: BECS
RBA Glossary definition for BECS
BECS – Bulk Electronic Clearing System operated by Australian Payments Network (AusPayNet)
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Glossary | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
LVSS. Low Value Settlement Service. A RITS service used for the lodgement of settlement instructions for obligations arising in APCS, BECS and some card systems.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/glossary.html