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RBA Glossary definition for SWIFT

SWIFT – Society for Worldwide Interbank Financial Telecommunication. A co-operative organisation that operates a network for the exchange of payment and other financial messages between financial institutions.

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December: 1997-Settlement Risk on Australian Dollar Transactions

9 Mar 2023 Media Release
While non-bank dealers may also be responsible for making and receiving their own AUD payments (eg if they have access to an Austraclear or SWIFT terminal), settlement of such payments
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-risk-aus-dollar-transactions.html

Monetary Policy and Financial Stability

10 Feb 2020 Conferences PDF 1844KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-dellariccia-habermeier-haksar-mancini-griffoli.pdf