Search: EFT
RBA Glossary definition for EFT
EFT – Electronic funds transfer
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Reforming the Australian Payments System: The State of Play
10 Apr 1993
Bulletin
– April 1993
Effective entry into the EFT payments system is, in a number of ways, easier than into the cheque system. ... The PRESS system will directly monitor and control high-value EFT payments flows across the board.
https://www.rba.gov.au/publications/bulletin/1993/apr/5.html
Cheques and the Payments System
10 Oct 1996
Bulletin
– October 1996
1980. 1995. Paper (cheques, credit transfers). 85. 38. Low-value EFT. Direct credit. ... 1991. 1995. Paper. 59. 35. Low-value EFT. 2. 2. High-value EFT.
https://www.rba.gov.au/publications/bulletin/1996/oct/2.html
Reforming the Australian Payments System: The State of Play
12 Feb 2003
Bulletin
PDF
487KB
Risk in EFT Payments. EFT payments change the character of riskin the system. ... The PRESS system will directly monitorand control high-value EFT payments flowsacross the board.
https://www.rba.gov.au/publications/bulletin/1993/apr/pdf/bu-0493-5.pdf
Cheques and the Payments System
17 Jun 2003
Bulletin
PDF
41KB
Credit cards(a) 7 10High-value EFT Nil (b). Total 100 100. (a) Includes paper-based credit card transactions. ... Paper 59 35Low-value EFT 2 2. High-value EFT 39 63. Total 100 100.
https://www.rba.gov.au/publications/bulletin/1996/oct/pdf/bu-1096-2.pdf
Surveillance of the Financial System | Reserve Bank of Australia Annual Report - 1992
30 Jun 1992
Annual Report
To improve EFT systems further, the Council recently endorsed a set of guidelines covering aspects of security in EFT systems and procedures. ... The other guidelines cover technical aspects of communication security in EFT networks and endorse industry
https://www.rba.gov.au/publications/annual-reports/rba/1992/sur-fin-system.html
Abbreviations
16 Oct 2013
RBA Annual Report
– 2013
ECB. European Central Bank. EFT. Electronic Funds Transfer. EMC. Environmental Management Committee.
https://www.rba.gov.au/publications/annual-reports/rba/2013/abbreviations.html
Financial Markets | Reserve Bank of Australia Annual Report - 1986
30 Jun 1986
Annual Report
The Council has continued to monitor developments in electronic funds transfer (EFT) systems and to consider issues relevant to the sound development of these systems. ... Particular issues before the Council in 1985/86 included alternative EFT POS
https://www.rba.gov.au/publications/annual-reports/rba/1986/financial-market.html
Financial Surveillance | Reserve Bank of Australia Annual Report - 1993
30 Jun 1993
Annual Report
EFT payments can be made more quickly and at less cost than payments using paper instruments such as cheques. ... EFT technology also effectively relocates risk in payments, away from customers towards institutions.
https://www.rba.gov.au/publications/annual-reports/rba/1993/fin-surveillance.html
Financial System Surveillance
9 Mar 2023
RBA Annual Report
– 1988
The Council's work over 1987/88 was mainly on issues concerning the efficiency of the Electronic Funds Transfer (EFT) system.
https://www.rba.gov.au/publications/annual-reports/rba/1988/fin-sys-surveillance.html
Financial System Surveillance | Reserve Bank of Australia Annual Report - 1990
30 Jun 1990
Annual Report
In the first, the Council has been carrying out a study of security in EFT systems. ... In mid 1989 State and Commonwealth governments endorsed a revised Code of Conduct governing EFT transactions.
https://www.rba.gov.au/publications/annual-reports/rba/1990/fin-sys-sur.html