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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.

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Risk Management

9 Aug 2023 RBA Annual Report - 2022 PDF 545KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/risk-management.pdf

Reserve Bank of Australia Annual Report 2017 - Abbreviations

12 Sep 2017 RBA Annual Report 2017 PDF 1457KB
https://www.rba.gov.au/publications/annual-reports/rba/2017/pdf/abbreviations.pdf

Payments System Board Annual Report 2017 - Governance

12 Sep 2017 PSB Annual Report 2017 PDF 799KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/governance.pdf

Reserve Bank of Australia Annual Report 2020 - Banking and Payment Services

14 Oct 2020 Annual Report PDF 581KB
RITS Low Value Settlement Service, including cheque, direct entry,ATM and Visa settlements. ... operating centres to support RITS operations and the Bank’s back office settlement operations.
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/banking-and-payment.pdf

About the Payments System Board

8 Oct 2023 PSB Annual Report - 2023 PDF 829KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/about-the-payments-system-board.pdf

Payments System Board Annual Report 2023

11 Oct 2023 PSB Annual Report - 2023 PDF 2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf

RBA Payments System Board 2018 Annual Report - Governance

20 Sep 2018 Annual Report PDF 605KB
RBA Payments System Board 2018 Annual Report
https://www.rba.gov.au/publications/annual-reports/psb/2018/pdf/governance.pdf

Payments System Board Annual Report 2016 - Governor’s Foreword

12 Oct 2016 PSB Annual Report 2016 PDF 117KB
https://www.rba.gov.au/publications/annual-reports/psb/2016/pdf/governors-foreword.pdf

Payments System Board Annual Report 2017 - Abbreviations

12 Sep 2017 PSB Annual Report 2017 PDF 782KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/abbreviations.pdf

RBA Payments System Board 2018 Annual Report - Abbreviations

20 Sep 2018 Annual Report PDF 624KB
RBA Payments System Board 2018 Annual Report
https://www.rba.gov.au/publications/annual-reports/psb/2018/pdf/abbreviations.pdf