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RBA Glossary definition for PDS

PDS – Payment Delivery System

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Reform of Interbank Payments - A Proposal for Implementing Real Time Gross Settlement in Australia

5 Apr 1995 Media Releases
The proposed security regime would conform to the PRESS/PDS Security Working Group standards.
https://www.rba.gov.au/media-releases/1995/mr-95-05-attach-2.html