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RBA Glossary definition for Clearing

Clearing – The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement.

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Designation of the EFTPOS System | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | …

8 Jun 2012 Consultations
The EFTPOS system is the electronic funds transfer at point of sale payment system described in clause 1 of the CECS manual for the Consumer Electronic Clearing System and governed by ... The original designation was intended to describe a system
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/designation-efpos-system.html

Project Scope | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
There was no support for migrating BPAY and card clearing messages to ISO 20022. ... the HVCS, which will continue to run as a separate clearing system using the SWIFT InterAct service with settlement occurring in RITS.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/project-scope.html

Introduction | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
Footnote. Card issuing is providing payment cards to individuals or businesses, maintaining accounts associated with those cards and clearing and settling payment obligations arising from the use of those cards with ... acquirers. Card acquiring is
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/introduction.html

Message Design Enhancements | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
Most respondents recognised the advantages that might accrue from aligning, to the extent possible, domestic ISO 20022 message usage guidelines across different clearing systems as well as with the message usage ... Figure 6. Some respondents expressed
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/message-design-enhancements.html

Review of the Regulatory Framework for the eftpos System: Consultation on Designation - March 2012

8 Mar 2012 Consultations PDF 1032KB
The EFTPOS system is the electronic funds transfer at point of sale payment system described in clause 1 of the CECS manual for the Consumer Electronic Clearing System and governed by ... The current designation relies on a definition intended to
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/pdf/201203-replacing-eftpos-designation.pdf

Dual-Network Debit Cards | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
Since the 2013 agreements, eftpos has implemented the eHub, a centralised switch for clearing eftpos transactions, which facilitates technology upgrades in the eftpos system (since participants no longer need to manage
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/dual-network-debit-cards.html

Early Views and Priorities | Strategic Review of Innovation in the Payments System: Issues for Consultation June 2011 | Consultations

7 Jun 2011 Consultations
The Board also sees some justification for considering the current structure of rules for clearing and settlement given the evolving landscape for retail payments.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/early-views-priorities.html

Innovation Gaps in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for Consultation June…

7 Jun 2011 Consultations
The message has also been mapped to ISO 20022. The Federal Clearing House and CHIPS have also worked with SWIFT to map their bank and customer transfer messages to ISO 20022
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/innovation-gaps.html

Introduction | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
MB. Download the Response Template 97. KB. The Australian payments system comprises a number of payment services, clearing systems and settlement systems. ... Some of these services and systems use the Society for Worldwide Interbank Financial
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/introduction.html

Introduction | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
topics. Section 2 discusses the scope of the project, mainly focusing on the High Value Clearing System (HVCS). ... There is little or no support for the migration of cheque, direct entry (DE) or card clearings to ISO 20022.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/introduction.html