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
Property Settlement in RITS
17 Mar 2021
Bulletin
- March 2021
PDF
606KB
https://www.rba.gov.au/publications/bulletin/2021/mar/pdf/property-settlement-in-rits.pdf
Real-time Gross Settlement in Australia
21 Sep 2010
Bulletin
PDF
257KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-8.pdf
Reserve Bank Domestic Operations under RTGS
23 Feb 2001
Bulletin
PDF
43KB
The RTGS system now handles about90 per cent of the total flow of paymentsbetween members of the Reserve BankInformation Transfer System – RITS – whichis the operating framework to achievesettlement within RTGS. ... System Liquidity. The cash market
https://www.rba.gov.au/publications/bulletin/1998/nov/pdf/bu-1198-3.pdf
Electronic Indicators of Economic Activity
20 Jun 2012
Bulletin
PDF
1091KB
Reserve Bank of Australia Bulletin June Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612-1.pdf
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
PDF
688KB
Reserve Bank of Australia Bulletin June Quarter 2014
https://www.rba.gov.au/publications/bulletin/2014/jun/pdf/bu-0614-7.pdf
The Evolution of Interbank Settlement in Australia
16 Mar 2022
Bulletin
- March 2022
PDF
1247KB
https://www.rba.gov.au/publications/bulletin/2022/mar/pdf/the-evolution-of-interbank-settlement-in-australia.pdf
More on Risks in Banking
23 Feb 2001
Bulletin
PDF
43KB
Over the past six months, several majormilestones have been achieved in the RTGSproject, and now all of the basic infrastructureis in place:• The necessary enhancements to RITS (the. ... Austraclear commenced operations as afeeder system at the end of
https://www.rba.gov.au/publications/bulletin/1997/nov/pdf/bu-1197-4.pdf
Infrastructure Developments in the Market for Commonwealth Government Securities
25 Sep 2013
Bulletin
PDF
499KB
Reserve Bank of Australia Bulletin September Quarter 2013
https://www.rba.gov.au/publications/bulletin/2013/sep/pdf/bu-0913-6.pdf
The Role of the Payments System Board
22 Feb 2001
Bulletin
PDF
65KB
On a more arcane level, though stillfundamental, one of the Board’s first jobs wasto declare the Reserve Bank Information andTransfer System (RITS) and the AustraclearSystem (FINTRACS) as ‘approved RTGSsystems’ in
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-2.pdf
Two Years of Fast Payments in Australia
18 Mar 2020
Bulletin
- March 2020
PDF
468KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/two-years-of-fast-payments-in-australia.pdf