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RBA Glossary definition for HVCS

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

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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

Assessment against the Core Principles | 2009 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Fallback arrangements, in the event that RITS is unavailable and a decision has been made that it is unlikely to recover, provide for multilateral netting of payments received from the HVCS ... In the extremely low-probability event that both the primary
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/assessment.html

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

28 Sep 2019 Consultations
ISO 20022 Migration for the Australian Payments System. Responses and Options Paper. September 2019. Download the complete Document 1,176. KB. Reserve Bank of Australia 2019. All rights reserved. The contents of this publication shall not be
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/

Appendix A: Background Information | 2019 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
$ billion. RITS Wholesale RTGS. 49.2. 189.7. 184.3. –. SWIFT payments (HVCS). ... 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
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/appendix-a.html

Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2022 Assessment of the Reserve Bank Information and…

8 Sep 2023
The SWIFT PDS is administered by Australian Payments Network (AusPayNet) under its 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/2022/appendix-b.html

Appendix A: Detailed Self-assessment | 2013 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
The irrevocability of settlement under these fallback arrangements is supported by the approval of Austraclear and HVCS as netting arrangements under Part 3 of the Payment Systems and Netting Act. ... The approval of HVCS establishes the legal basis for
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/appendix-a.html

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

Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2021 Assessment of the Reserve Bank Information and…

8 Sep 2023
The SWIFT PDS is administered by Australian Payments Network (AusPayNet) under its 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/2021/appendix-b.html

Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2018 Assessment of the Reserve Bank Information and…

9 Mar 2023
The SWIFT PDS is administered by Australian Payments Network (AusPayNet) under its 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/2018/appendix-b.html

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

31 Dec 2002 Consultations
Figure 6. Some respondents expressed support for the development of a common domestic ISO 20022 message set across credit transfer clearing systems such as the HVCS and NPP. ... HVCS migration should:.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/message-design-enhancements.html