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RBA Glossary definition for BECS

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

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Reserve Bank of Australia Annual Report 2018

10 Feb 2020 RBA Annual Report 2018 PDF 8962KB
https://www.rba.gov.au/publications/annual-reports/rba/2018/pdf/2018-report.pdf

ISO 20022 Migration for the Australian Payments System – Conclusions Paper

25 Feb 2020 Consultations PDF 560KB
LVSS Low Value Settlement Service. A RITS service used for the lodgement of settlement instructions for obligations arising in APCS, BECS and some card systems.
https://www.rba.gov.au/publications/consultations/202002-iso-20022-migration-for-the-australian-payments-system/pdf/iso-20022-migration-for-the-australian-payments-system-conclusions-paper.pdf

Payments System Regulation and Policy Issues

27 Sep 2022 PSB Annual Report - 2022 PDF 318KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/payments-system-regulation-and-policy-issues.pdf

NPP Australia Limited (NPPA)

31 Jul 2019 PDF 292KB
from the existing BECS file and similar formats to ISO 20022 NPP messages. ... NPPA has undertaken an initial mapping between BECS Transaction Detail to ISO 20022 that could serve as a preliminary starting point for such an exercise.
https://www.rba.gov.au/payments-and-infrastructure/submissions/migration-for-the-australian-payments-system/pdf/nppa.pdf

Tyro Payments

31 Jul 2019 PDF 653KB
Yes. No. If yes, please explain your views. As alluded to earlier, if this were to impact BECS/LVSS, then our organisation would be required to allocate additional resources to implement ... Enter ranking. This is for the assumption that BECS/LVSS will
https://www.rba.gov.au/payments-and-infrastructure/submissions/migration-for-the-australian-payments-system/pdf/tyro.pdf

HSBC Bank Australia Limited (HSBC)

31 Jul 2019 PDF 409KB
2 RESERVE BANK OF AUSTRALIA. HSBC recommends the RBA consider the longer term ongoing viability of the BECS and Cheques systems. ... HSBC recommends the RBA consider the longer term ongoing viability of the BECS and Cheques systems.
https://www.rba.gov.au/payments-and-infrastructure/submissions/migration-for-the-australian-payments-system/pdf/hsbc.pdf

ISO 20022 MIGRATION FOR THE AUSTRALIAN PAYMENTS SYSTEM – ...

2 Dec 2019 PDF 309KB
that payments from APCS and BECS should be migrated to ISO20022 capable payment systems, even if the eventual retirement of BECS continues beyond the conclusion of the ISO20022 migration program.
https://www.rba.gov.au/payments-and-infrastructure/submissions/iso-20022-migration-for-the-australian-payment-system/pdf/national-australia-bank.pdf

Reserve Bank of Australia Annual Report 2014

16 Oct 2014 RBA Annual Report 2014 PDF 6251KB
https://www.rba.gov.au/publications/annual-reports/rba/2014/pdf/2014-report.pdf

Response to the EFTPOS Industry Working Group

16 Sep 2002 PDF 150KB
A standard fee could be set for all EFTPOS players that maintain links with other EFTPOS players (ie network players), somewhat akin to Tier 1 players in APCS or BECS.
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/responses-disc-paper/wbc-130902.pdf

Conditions of Operation

16 Mar 2017 PDF 1452KB
Bulk Electronic Clearing System (BECS), and Consumer Electronic Clearing System (CECS), arising from Australian Government banking requirements, and any other files approved from time to time by the Reserve Bank. ...  APCA’s Australian Paper
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/conditions-operation.pdf