Search: RTGS
RBA Glossary definition for RTGS
RTGS – Real-time gross settlement. A payment system in which processing and settlement take place in real time (continuously).
Search Results
Operational Structure
30 Aug 2023
as well as operation of the Reserve Bank Information and Transfer System (RITS), Australia's real-time gross settlement system (RTGS). ... RITS includes the Fast Settlements Service, which Payments Settlements Department operates on an RTGS basis 24
https://www.rba.gov.au/about-rba/structure/operational.html
Appendix A: Background Information | 2020 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Since RITS is an RTGS system, members need access to additional liquidity (relative to a deferred net settlement system) in order to settle payments individually. ... Only ADIs individually accounting for less than 0.25 per cent of the total value of
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/appendix-a.html
Reserve Bank Domestic Operations under RTGS
23 Feb 2001
Bulletin
PDF
43KB
of thesearrangements, these balances fell to about$2 billion just before RTGS was introduced. ... or so banks in the RTGS systemborrow and lend overnight ES funds amongthemselves.
https://www.rba.gov.au/publications/bulletin/1998/nov/pdf/bu-1198-3.pdf
December: 1997-Next Steps and Conclusions
9 Mar 2023
Media Release
A domestic RTGS system is an essential element for inclusion of any currency in the CLS proposal. ... As identified in this report, RTGS also provides a mechanism for reducing the times at which foreign exchange payments are at risk.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/next-steps-conclusions.html
Appendix A: Background Information | 2021 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Since RITS is an RTGS system, members need access to additional liquidity (relative to a deferred net settlement system) in order to settle payments individually. ... Only ADIs individually accounting for less than 0.25 per cent of the total value of
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-a.html
Banking Services
9 Mar 2023
Banking Services; Registry Services; Commonwealth Government Securities Tender Information; Commonwealth Bond Facility for Small Investors
https://www.rba.gov.au/fin-services/banking.html
Payments System
4 Jan 2024
Overview of the Australian Payments System
https://www.rba.gov.au/payments-and-infrastructure/payments-system.html
Business Services
24 Aug 2001
RBA Annual Report
– 2001
About 90 per cent of total values exchanged between banks are settled across RITS on an RTGS basis and hence are not subject to interbank settlement risk. ... RTGS payments include securities markets settlements, the Australian dollar leg of foreign
https://www.rba.gov.au/publications/annual-reports/rba/2001/bus-serv.html
Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
This was followed by a gradual recovery in RTGS volumes settled, while values continued falling. ... Since RITS is an RTGS system, members need access to sufficient liquidity in order to settle payments individually.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html
Customer Services
3 Aug 1999
RBA Annual Report
– 1999
The Reserve Bank's RTGS system for interbank payments is one of the most advanced and comprehensive in the world. ... The RTGS system has proved to be very efficient in its operation and, importantly, is economical in its liquidity requirements.
https://www.rba.gov.au/publications/annual-reports/rba/1999/cust-serv.html