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RBA Glossary definition for HVCS

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

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

31 Dec 2002 Consultations
FSS. Fast Settlement Service. HVCS. High Value Clearing System. This clearing system is administered by AusPayNet and is used for exchange of high value payments. ... SWIFT PDS. SWIFT Payment Delivery System. Also known as the HVCS.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/glossary.html

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

31 Dec 2002 Consultations
topics. Section 2 discusses the scope of the project, mainly focusing on the High Value Clearing System (HVCS). ... Section 3 covers how messages used in the HVCS could potentially be enhanced using the ISO 20022 format.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/introduction.html

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

31 Dec 2002 Consultations
a charter and minutes); monitoring the effectiveness of the project office's work; and delivering the necessary changes to the HVCS regulations and procedures.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/governance.html

Introduction | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
A date has not yet been announced when the MT messages used in closed user groups (CUGs), including those used for Australia's High Value Clearing System (HVCS), will cease to
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/introduction.html

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

31 Dec 2002 Consultations
For the HVCS and batch migrations to ISO 20022, the main potential impact is to the reporting that RITS provides to ESA holders, as these may contain details of settlements that
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/migration-approach.html