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31–40 of 463 search results for RITS

RBA Glossary definition for RITS

RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.

RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.

1.5 Operational Structure

19 Oct 2023 RBA Annual Report – October 2023

Operational Structure | Reserve Bank of Australia Annual Report – October 2023

https://www.rba.gov.au/publications/annual-reports/rba/2023/operational-structure.html

Banking and Payment Services

21 Oct 2021 RBA Annual Report – 2021

transactions originating from an upstream business operator and submits them to RITS for simultaneous settlement in a ‘batch’. ... The Reserve Bank is also committed to ensuring RITS continues to meet the functional needs of the payments industry.

https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html

Reserve Bank of Australia Annual Report 2021 - Abbreviations

18 Oct 2021 RBA Annual Report 2021 PDF 35KB

https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/abbreviations.pdf

List of tables

2 Oct 2009 PSB Annual Report – 2009

Table 6: RITS Throughput. Time by which each percentage of total is settled.

https://www.rba.gov.au/publications/annual-reports/psb/2009/tables.html

https://www.rba.gov.au/publications/annual-reports/rba/2023/governors-foreword.html

Abbreviations

27 Sep 2023 PSB Annual Report – 2023

Risk-free rate. RITS. Reserve Bank Information and Transfer System. RTGS. Real-time gross settlement.

https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 304KB

https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/annual-performance-statement.pdf

Governor's Foreword

27 Sep 2023 PSB Annual Report – September 2023

Governor's Foreword | Payments System Board Annual Report – September 2023

https://www.rba.gov.au/publications/annual-reports/psb/2023/governors-foreword.html

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RBA Glossary definition for RITS

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