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RBA Glossary definition for HVCS

HVCS – High-value Clearing System operated by Australian Payments Network (AusPayNet)

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Project Scope | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
Existing HVCS settlement hours would be maintained to align with cash market requirements. ... The NPP operates on a dedicated domestic network, and HVCS operates on the global SWIFT network.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/project-scope.html

Bulletin September Quarter 2020

9 Jun 2021 Bulletin - September 2020 PDF 5941KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/bulletin-2020-09.pdf

Developments in the Financial System Infrastructure

10 Sep 2005 FSR – September 2005
The HVCS allows participants to send large-value payment instructions to the RTGS system using the global SWIFT network. ... HVCS payments make up around 70 per cent of RTGS payments by value, and close to 90 per cent by volume.
https://www.rba.gov.au/publications/fsr/2005/sep/dev-sys-infra.html

Financial Stability Review - September 2005

26 Sep 2005 FSR - September 2005 PDF 494KB
https://www.rba.gov.au/publications/fsr/2005/sep/pdf/0905.pdf

Modernising Payments Messaging: The ISO 20022 Standard

17 Sep 2020 Bulletin – September 2020
Tarnia Major and Joseph Mangano
Electronic payments rely on the exchange of messages to instruct the flow of funds between financial institutions.
https://www.rba.gov.au/publications/bulletin/2020/sep/modernising-payments-messaging-the-iso-20022-standard.html

Modernising Payments Messaging: The ISO 20022 Standard

17 Sep 2020 Bulletin - September 2020 PDF 566KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/modernising-payments-messaging-the-iso-20022-standard.pdf

ISO 20022 Migration for the Australian Payments System – Responses and Options Paper

11 Sep 2019 Consultations PDF 1175KB
increased likelihood of ‘systemically important’ HVCS payments being impacted by a participant issue,. ... messages (as used by NPP) as part of a HVCS ISO 20022 migration.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/pdf/consultation-paper.pdf

ISO 20022 Migration for the Australian Payments System – Issues Paper

7 Apr 2019 Consultations PDF 1644KB
A consultation paper issued by the Reserve Bank of Australia and the Australian Payments Council - April 2019
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/pdf/issues-paper.pdf

ISO 20022 Migration for the Australian Payments System – Conclusions Paper

25 Feb 2020 Consultations PDF 560KB
Align HVCS ISO 20022 guidelines with High Value Payments Plus (HVPS+), Cross-Border Payments. ... upgrade the HVCS from the MT message format to ISO 20022 message standards.
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

Strategic Issues – Payment System Design | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
For some participants, this may seem an attractive proposition, compared with the system upgrade work to move HVCS to ISO 20022. ... As with the HVCS, some credit payments currently cleared through DE are candidates to migrate to the NPP.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-payment-system-design.html