Search: AM
RBA Glossary definition for AM
AM – Member of the Order of Australia
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Box D: The New Payments Platform and Fast Settlement Service
10 Apr 2018
FSR
– April 2018
The FSS also settles payments 24 hours per day, 7 days per week (a significant extension from previous settlement operating hours of weekdays between 7.30 am and 10.00 pm).
https://www.rba.gov.au/publications/fsr/2018/apr/box-d.html
The Australian High-Value Payments System
10 Mar 2004
FSR
– March 2004
A typical day in the Australian high-value payments system begins when RITS opens at 7.30 am. ... The main RTGS settlement period then begins at 9.15 am when all payments are eligible for settlement.
https://www.rba.gov.au/publications/fsr/2004/mar/aus-high-val-pay-sys.html
Developments in the Financial System Infrastructure
10 Sep 2005
FSR
– September 2005
Payments in the cheque, direct entry, debit and credit card, and ATM systems are also settled in RITS, but as a batch on a deferred net basis at 9.00 am ... The legislation also gives legal certainty to multilateral netting arrangements that are approved
https://www.rba.gov.au/publications/fsr/2005/sep/dev-sys-infra.html
The Australian Financial System
10 Sep 2011
FSR
– September 2011
RITS also settles batches of net interbank obligations. The 9.00 am batch includes the settlement of low-value retail payments, such as cheques, debit and credit card transactions, and direct ... These 9.00 am batch values have remained high in the
https://www.rba.gov.au/publications/fsr/2011/sep/aus-fin-sys.html
Box A: Household Sector Risks in China
4 Oct 2019
FSR
– October 2019
For example, see Schularick M and AM Taylor (2012), ‘Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008’,.
https://www.rba.gov.au/publications/fsr/2019/oct/box-a-household-sector-risks-in-china.html
The Australian Financial System
10 Mar 2014
FSR
– March 2014
Until recently, all low-value payments were settled on a deferred net basis as a part of the single, low-value payments batch at 9.00 am on the business day ... From 25 November 2013, five multilateral net batches were added for direct entry obligations
https://www.rba.gov.au/publications/fsr/2014/mar/aus-fin-sys.html
The Australian Financial System
10 Sep 2013
FSR
– September 2013
Low-value payments, such as direct entry, consumer electronic (card-based) payments and cheque transactions, are multilaterally netted and settled in RITS in a single batch at 9 am the following
https://www.rba.gov.au/publications/fsr/2013/sep/aus-fin-sys.html
The Australian Financial System
10 Mar 2011
FSR
– March 2011
The average daily value settled in the 9.00 am batch, which includes obligations arising from the clearing of low-value retail payments (such as cheques, debit and credit card transactions
https://www.rba.gov.au/publications/fsr/2011/mar/aus-fin-sys.html
The Australian Financial System
10 Sep 2014
FSR
– September 2014
Cheques and consumer electronic obligations are settled at 9.00 am on the business day following their exchange. ... Since November 2013, most non-government direct entry obligations have been settled on a same-day basis in five intraday multilateral net
https://www.rba.gov.au/publications/fsr/2014/sep/aus-fin-sys.html
The Australian Financial System
10 Mar 2012
FSR
– March 2012
position. These multilateral net positions are then settled in RITS at around 9 am the next day.
https://www.rba.gov.au/publications/fsr/2012/mar/aus-fin-sys.html