Search: BECS

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RBA Glossary definition for BECS

BECS – Bulk Electronic Clearing System operated by Australian Payments Network (AusPayNet)

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4. Access to the NPP | NPP Functionality and Access Consultation: Conclusions Paper

9 Mar 2023
As noted earlier, some stakeholders argued that if non-ADIs can become Tier 1 participants in BECS, they should be able to become NPP participants as well. ... The requirement for Tier 1 BECS participants to be ADIs was removed in 2015 to allow
https://www.rba.gov.au/payments-and-infrastructure/new-payments-platform/functionality-and-access-report/access-to-the-npp.html

Implementation and Conclusion | Payment Card Access Regimes: Conclusions – March 2014

9 Mar 2023
in the BECS system.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/conclusions/implementation-conclusion.html

Explanatory Notes for Completing Retail Payments Statistics Forms

28 Feb 2023 PDF 1009KB
1. Explanatory Notes for Completing Retail Payments Statistics Forms. Version 4.0 – March 2023. The following explanatory notes provide definitions for data series in the Reserve Bank of Australia’s Retail. Payments Statistics (RPS) Collection.
https://www.rba.gov.au/payments-and-infrastructure/resources/pdf/rps-reporting-forms-and-explanatory-notes.pdf

Payments System Board Update: February 2023 Meeting

16 Feb 2023 Media Releases
Today’s Payments System Board meeting discussed ASX’s self-assessment against the Financial Stability Standards (FSS), the Bank’s framework for supervising payment system safety and resilience, payments system regulatory reform, the future of
https://www.rba.gov.au/media-releases/2023/mr-23-05.html

Liquidity Facilities

9 Feb 2023
This includes any ESA holder that is neither a Tier 1 BECS participant nor an NPP participant settling payments using their ESA (where the minimum required ESA balance is zero). ... For those ESA holders that are not Tier 1 BECS participants,
https://www.rba.gov.au/mkt-operations/resources/tech-notes/standing-facilities.html

2022 Conference – Biographies of Presenters

29 Dec 2022 Conferences PDF 468KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-biographies.pdf

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
During 2021/22, the Reserve Bank contributed to the ongoing industry discussions and consultation processes to plan for the future closure of the Bulk Electronic Clearing System (BECS), which is used ... Government require careful engagement of BECS
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

Payments System Board

27 Oct 2022 RBA Annual Report – October 2022
Deputy Chair – Reserve Bank Board. BEc (Hons), MAppFin (Macquarie). Chair, Australian Prudential Regulation Authority. ... BEc, Dip Fin Mgt, MEc (UNE), PhD (Bond). Member since 15 December 2016.
https://www.rba.gov.au/publications/annual-reports/rba/2022/payments-system-board.html

Reserve Bank Board

27 Oct 2022 RBA Annual Report – October 2022
BEc (Hons) (University of New England), MSc (LSE). Deputy Governor since 2 April 2022. ... Director – Robert Menzies Institute. Member – Remuneration Committee. BEc (Hons) (Adelaide), MA (Econ) (Cantab).
https://www.rba.gov.au/publications/annual-reports/rba/2022/reserve-bank-board.html

Reserve Bank of Australia Annual Report 2021

29 Sep 2022 RBA Annual Report 2021 PDF 6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf