Search: GDES
RBA Glossary definition for GDES
GDES – Government Direct Entry Service. The Government Direct Entry Service (GDES) is a Reserve Bank of Australia proprietary system which processes a large volume of Australian Government payments. Direct credit and direct debit transactions are received electronically via direct communication links or RBAnet. Transactions are processed through the GDES system and distributed to financial institutions via APCA's Common Payments Network.
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COVID-19 Stimulus Payments and the Reserve Bank's Transactional Banking Services
17 Jun 2021
Bulletin
– June 2021
The Australian Government introduced significant fiscal support measures to limit the negative economic effects of the COVID-19 pandemic and support economic recovery.
https://www.rba.gov.au/publications/bulletin/2021/jun/covid-19-stimulus-payments-and-the-reserve-banks-transactional-banking-services.html
Transactional Banking at the RBA in Extraordinary Times
18 Jun 2020
Bulletin
– June 2020
The Reserve Bank of Australia (RBA) is the banker to the Commonwealth of Australia, supporting the Australian Government in its daily banking needs.
https://www.rba.gov.au/publications/bulletin/2020/jun/transactional-banking-at-the-rba-in-extraordinary-times.html
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
– June 2014
In November 2013, the Reserve Bank introduced changes to its Reserve Bank Information and Transfer System (RITS) to allow the same-day settlement of non-government direct entry obligations. This outcome met one of the objectives set by the Payments
https://www.rba.gov.au/publications/bulletin/2014/jun/7.html
The Changing Australian Retail Payments Landscape
10 Jul 2003
Bulletin
– July 2003
The Government Direct Entry Service (GDES) was introduced by the Reserve Bank in 1991 to facilitate these electronic payments for government organisations using high-speed data links to send transaction information ... to financial institutions; GDES now
https://www.rba.gov.au/publications/bulletin/2003/jul/1.html