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
Box D: The New Payments Platform and Fast Settlement Service
10 Feb 2020
FSR
April 2018
PDF
588KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-d.pdf
The Australian High-Value Payments System
19 Apr 2004
FSR
PDF
98KB
These transactions account for around 70 per cent of the value that passes through RITS. • ... These transactions are a fairly small proportion – around 5 per cent – of total RITS transactions.
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304-1.pdf
Box D: Cyber Risk
10 Feb 2020
FSR
October 2018
PDF
556KB
https://www.rba.gov.au/publications/fsr/2018/oct/pdf/box-d.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
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
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
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 Australian Financial System
10 Feb 2020
FSR
October 2017
PDF
926KB
https://www.rba.gov.au/publications/fsr/2017/oct/pdf/aus-fin-sys.pdf
The Australian Financial System
14 Apr 2016
FSR
April 2016
PDF
604KB
https://www.rba.gov.au/publications/fsr/2016/apr/pdf/aus-fin-sys.pdf