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.
Search Results
Property Settlement in RITS
17 Mar 2021
Bulletin
- March 2021
PDF
606KB
https://www.rba.gov.au/publications/bulletin/2021/mar/pdf/property-settlement-in-rits.pdf
The Impact of Payment System Design on Tiering Incentives
28 Jan 2015
RDP
PDF
862KB
Time when submitted to the simulator. Deferred Active Active Settlement time in RITS. ... Priority Priority Settlement time in RITS. Active Active Active Submission time to RITS.
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-06.pdf
Payment System Design and Participant Operational Disruptions
28 Jan 2015
RDP
PDF
578KB
Time when submitted to the simulator. Active Active Settlement time in RITS Deferred. ... Priority Priority Settlement time in RITS. Active Active Submission time to RITS Active.
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-05.pdf
Real-time Gross Settlement in Australia
21 Sep 2010
Bulletin
PDF
257KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-8.pdf
Identifying Interbank Loans from Payments Data
6 Dec 2016
RDP
PDF
3267KB
RITS). RITS is used by banks and other approved institutions to settle payment obligations on. ... IBOC Survey. However, since our algorithm identifies IBOC loans via their corresponding RITS.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-11.pdf
Electronic Indicators of Economic Activity
20 Jun 2012
Bulletin
PDF
1091KB
Reserve Bank of Australia Bulletin June Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612-1.pdf
Reserve Bank Domestic Operations under RTGS
23 Feb 2001
Bulletin
PDF
43KB
The RTGS system now handles about90 per cent of the total flow of paymentsbetween members of the Reserve BankInformation Transfer System – RITS – whichis the operating framework to achievesettlement within RTGS. ... System Liquidity. The cash market
https://www.rba.gov.au/publications/bulletin/1998/nov/pdf/bu-1198-3.pdf
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
PDF
688KB
Reserve Bank of Australia Bulletin June Quarter 2014
https://www.rba.gov.au/publications/bulletin/2014/jun/pdf/bu-0614-7.pdf
The Role of Collateral in Borrowing
14 Jan 2021
RDP
PDF
1784KB
payments through the Reserve Bank Information and Transfer System (RITS). We use the algorithm.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-01.pdf
Identifying Repo Market Microstructure from Securities Transactions Data
13 Aug 2018
RDP
PDF
2622KB
RITS), the RBA’s high-value settlement system. This permits Austraclear account holders to.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-09.pdf