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RBA Glossary definition for PvP

PvP – Payment-versus-Payment

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Payments System Board Annual Report 2013

31 Jan 2014 PSB Annual Report 2013 PDF 1306KB
https://www.rba.gov.au/publications/annual-reports/psb/2013/pdf/2013-psb-ann-report.pdf

Payments System Board Annual Report 2013 - Oversight of High-value Payment Systems

2 Jan 2014 PSB Annual Report 2013 PDF 516KB
https://www.rba.gov.au/publications/annual-reports/psb/2013/pdf/oversight-high-value.pdf

Abbreviations

2 Oct 2013 PSB Annual Report – 2013
PvP. Payment-versus-payment. RBA. Reserve Bank of Australia. RITS. Reserve Bank Information and Transfer System.
https://www.rba.gov.au/publications/annual-reports/psb/2013/abbreviations.html

Oversight of High-value Payment Systems

2 Oct 2013 PSB Annual Report – 2013
These transactions are settled on a payment-versus-payment (PvP) basis, thereby eliminating foreign exchange settlement risk (the risk that one party settles its obligation, while the other subsequently does not).
https://www.rba.gov.au/publications/annual-reports/psb/2013/oversight-high-value.html

Payments System Board Annual Report 2012

19 Sep 2012 PSB Annual Report 2012 PDF 3384KB
https://www.rba.gov.au/publications/annual-reports/psb/2012/pdf/2012-psb-ann-report.pdf

Payments System Board Annual Report 2012 - Oversight of High-value Payments Systems

14 Sep 2012 PSB Annual Report 2012 PDF 342KB
https://www.rba.gov.au/publications/annual-reports/psb/2012/pdf/oversight-high-value.pdf

Oversight of High-value Payments Systems

10 Sep 2012 PSB Annual Report – 2012
Any potential disruption to these flows, or to its PvP arrangements, could have implications for the smooth functioning of RITS, and indeed the wider Australian financial system. ... These settle on a PvP basis across accounts in CLS. Under this process,
https://www.rba.gov.au/publications/annual-reports/psb/2012/oversight-high-value.html

Payments System Board Annual Report 2009

20 Nov 2009 PSB Annual Report 2009 PDF 510KB
https://www.rba.gov.au/publications/annual-reports/psb/2009/pdf/2009-psb-ann-report.pdf

Performance of Australia's Payments Infrastructure during the Market Turbulence

2 Oct 2009 PSB Annual Report – 2009
CLS Bank provides a settlement facility used by global financial market participants, including those in Australia, to effect payment-versus-payment (PvP) settlement in the foreign exchange market.
https://www.rba.gov.au/publications/annual-reports/psb/2009/performance.html

Payments System Board Annual Report 2007

17 Sep 2007 PSB Annual Report 2007 PDF 402KB
https://www.rba.gov.au/publications/annual-reports/psb/2007/pdf/2007-psb-ann-report.pdf