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RBA Glossary definition for 24/7

24/7 – 24 hours a day, 7 days a week

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Box D: The New Payments Platform and Fast Settlement Service

10 Feb 2020 FSR April 2018 PDF 588KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-d.pdf

Box D: The New Payments Platform and Fast Settlement Service

10 Apr 2018 FSR – April 2018
The New Payments Platform (NPP) is a fast payment system, enabling virtually instantaneous payments on a 24/7 basis. ... Financial institutions are expected to manage their liquidity to allow for settlement of NPP payments on a 24/7 basis and monitor
https://www.rba.gov.au/publications/fsr/2018/apr/box-d.html

Overview

10 Apr 2018 FSR – April 2018
An important development in recent months was the launching of the New Payments Platform (NPP), which enables very fast payments on a 24/7 basis using a recipient's email address,
https://www.rba.gov.au/publications/fsr/2018/apr/overview.html

The Australian Financial System

20 Oct 2018 FSR – October 2018
of credit risk between participating financial institutions, and it is available on a 24/7 basis. ... For more discussion, see Kent C (2018), ‘The Limits of Interest-only Lending’, Address to the Housing Industry Association Breakfast, Sydney, 24
https://www.rba.gov.au/publications/fsr/2018/oct/aus-fin-sys.html

Overview

10 Feb 2020 FSR April 2018 PDF 1051KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/00-overview.pdf

The Global Financial Environment

4 Oct 2019 FSR – October 2019
Bank profitability and asset quality have generally been maintained or improved over the past year or so (Graph 1.7). ... Statement on Monetary Policy. , August, pp 21–24.
https://www.rba.gov.au/publications/fsr/2019/oct/global-financial-environment.html

Financial Stability Review

10 Feb 2020 FSR April 2018 PDF 2840KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/financial-stability-review-2018-04.pdf

The Australian Financial System

10 Apr 2018 FSR – April 2018
Graph 3.7. Despite the recent lift, analysts are cautious about the outlook for profit growth. ... The Fast Settlement Service (FSS), a new component of RITS, facilitates the settlement of NPP payments on a 24/7 basis.
https://www.rba.gov.au/publications/fsr/2018/apr/australian-financial-system.html

The Australian Financial System

10 Feb 2020 FSR April 2018 PDF 1279KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/03-australian-financial-system.pdf

The Australian Financial System

12 Apr 2019 FSR – April 2019
Insurers also remain well capitalised, with capital equivalent to 1.7 times APRA's prescribed amount. ... 24/7 operations.
https://www.rba.gov.au/publications/fsr/2019/apr/australian-financial-system.html