Search: 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.
Search Results
2020 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
cut off technology systems operating from that data centre, including those supporting RITS. ... of RITS, between the Bank's Head Office and Business Resumption Site (BRS).
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/material-developments.html
System Availability Statistics - 2024
3 Aug 2023
For more details on availability calculations and targets, and system components, see About RITS, System Availability. ... RITS settlement services for:. Cash Transfers. 100.000. SWIFT. 100.000. Austraclear. 100.000.
https://www.rba.gov.au/payments-and-infrastructure/rits/system-availability-statistics/index.html
Details of Session Times | Continuous Linked Settlement: RITS Session Times and Operational Arrangements – July 2015
9 Mar 2023
CET. AEST. AEDT. Event. 21:30. 07:30. Start of RITS Morning Settlement Session (AEDT). ... Start RITS Interim Session, i.e. RITS settlements suspended (AEDT). 07:20. 17:20.
https://www.rba.gov.au/payments-and-infrastructure/rits/information-papers/cls-rits-session-times-and-operational-arrangements/details-of-session-times.html
2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
Technical Notes
9 Mar 2023
Technical Notes. Technical information for financial service providers about participation in the Reserve Bank's domestic market operations and liquidity facilities. The materials on this webpage are subject to copyright and their use is subject to
https://www.rba.gov.au/mkt-operations/resources/tech-notes/index.html
Requirements for Access to the RITS User Interface
16 Oct 2023
PDF
83KB
This connection will be used for connectivity to both RITS and the Austraclear System. ... 4. Connectivity requirements for RITS are outlined below:. Criteria Connection Model and Requirements.
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/connectivity-requirements.pdf
Real-time Gross Settlement in Australia
10 Sep 2010
Bulletin
– September 2010
RITS also employs a number of liquidity-saving mechanisms that help avoid gridlock. ... During the Morning Settlement Session, only RITS and interbank Austraclear payments can be settled.
https://www.rba.gov.au/publications/bulletin/2010/sep/8.html
Exchange Settlement Account Policy
9 Mar 2023
The Reserve Bank of Australia's Exchange Settlement Account Policy
https://www.rba.gov.au/payments-and-infrastructure/esa/
3.3 Risk Management
19 Oct 2023
RBA Annual Report
– October 2023
Risk Management | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/risk-management.html
Changes to Statistical Tables
10 May 2024
Statistics
Changes to Statistical Tables. Changes to Statistical Tables RSS feed. 2024. 10 May 2024. New statistical table added – Market Economists Forecasts – J1. The RBA added a new statistical table Market Economists Forecasts – J1. This statistical
https://www.rba.gov.au/statistics/tables/changes-to-tables.html