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RBA Glossary definition for HVCS

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

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Material Developments | 2022 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
In late 2019, the Bank hosted an industry cyber-attack exercise to test industry-level coordination during a hypothetical cyber-attack on a participant of the High Value Clearing System (HVCS). ... These include the contingency arrangements for SWIFT
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/material-developments.html

Appendix A: Background Information | 2021 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/2021/appendix-a.html

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

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

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

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

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