Search: HVCS
RBA Glossary definition for HVCS
HVCS – High-value Clearing System operated by Australian Payments Network (AusPayNet)
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Appendix A: Background Information | 2018 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
HVCS). The SWIFT PDS is used primarily to make customer and interbank payments, with interbank settlement occurring across ESAs in RITS.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/appendix-a.html
Appendix A: Background Information | 2020 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
The SWIFT PDS is a closed user group administered by AusPayNet, which sets rules and procedures for clearing payments in Australia through its HVCS.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/appendix-a.html
Appendix A: Background Information | 2017 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
The SWIFT PDS is a closed user group administered by the Australian Payments Network, which sets rules and procedures for clearing payments in Australia through its High Value Clearing System (HVCS).
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/appendix-a.html
Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
The SWIFT PDS is a closed user group administered by AusPayNet, which sets rules and procedures for clearing payments in Australia through its HVCS.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html
General Background | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
HVCS is used primarily to submit customer payments to RITS, including CLS Bank obligations. ... CECS) for ATM and EFTPOS transactions, HVCS and the Australian Cash Distribution and Exchange System (ACDES).
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/background.html
Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2014 Assessment of the Reserve Bank Information and…
9 Mar 2023
The SWIFT PDS is administered by APCA under its High Value Clearing System (HVCS). ... The approval of HVCS establishes the legal basis for the netting of SWIFT PDS payments.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/appendix-b.html
List of Acronyms | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
ESA. Exchange Settlement Account. FSAP. Financial Sector Assessment Program. HVCS. High Value Clearing System.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/acronyms.html
2019 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
This includes a review of the current fall-back arrangements in the AusPayNet High Value Clearing System (HVCS). ... As noted above, the fall-back arrangements in place for HVCS, including in the event of a RITS outage, are being reviewed.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/material-developments.html
Core Principle VII | 2005 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
APCA rules impose failover requirements on members of the HVCS. As part of its routine monitoring, the Reserve Bank contacts any member where a potential operational problem is identified.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2005/core-prin-7.html
Abbreviations | 2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
FMI. Financial market infrastructure. HVCS. High Value Clearing System. IOSCO. International Organization of Securities Commissions.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/abbreviations.html