Search: RTGS
RBA Glossary definition for RTGS
RTGS – Real-time gross settlement. A payment system in which processing and settlement take place in real time (continuously).
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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
Appendix A: Background Information | 2021 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Since RITS is an RTGS system, members need access to additional liquidity (relative to a deferred net settlement system) in order to settle payments individually. ... Only ADIs individually accounting for less than 0.25 per cent of the total value of
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-a.html
The Evolution of Interbank Settlement in Australia
17 Mar 2022
Bulletin
– March 2022
Electronic payments are ubiquitous in modern economies and result in financial obligations between different financial institutions.
https://www.rba.gov.au/publications/bulletin/2022/mar/the-evolution-of-interbank-settlement-in-australia.html
Banking Services
9 Mar 2023
Banking Services; Registry Services; Commonwealth Government Securities Tender Information; Commonwealth Bond Facility for Small Investors
https://www.rba.gov.au/fin-services/banking.html
Safety and Stability
26 Sep 2006
PSB Annual Report
– 2006
On average, 25,000 transactions, with a value of around $145 billion, are currently settled through Australia's real-time gross settlement (RTGS) system each day. ... Transactions processed through the RTGS system come from three main sources: the
https://www.rba.gov.au/publications/annual-reports/psb/2006/safety-stability.html
Real-time Gross Settlement in Australia
10 Sep 2010
Bulletin
– September 2010
Considerable growth in payment activity has occurred since the start of RTGS (Graph 1). ... Graph 3. There is significant volatility in day-to-day RTGS payment activity.
https://www.rba.gov.au/publications/bulletin/2010/sep/8.html
Payments System Issues: Exchange Settlement Account Policy
20 Mar 2018
Media Releases
The Reserve Bank has amended its Exchange Settlement Account policy to remove the requirement that all banks that use a settlement agent for real-time gross settlement transactions must maintain an ESA.
https://www.rba.gov.au/media-releases/2018/mr-18-06.html
RITS Legal Framework
22 Nov 2023
Regulations and membership agreements
https://www.rba.gov.au/payments-and-infrastructure/rits/legal-framework.html
Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
This was followed by a gradual recovery in RTGS volumes settled, while values continued falling. ... Since RITS is an RTGS system, members need access to sufficient liquidity in order to settle payments individually.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html
Reserve Bank of Australia Annual Report – 2021
21 Oct 2021
Annual Report
In addition to operating Australia's real-time gross settlement (RTGS) system, the Bank operates national infrastructure to support the settlement of real-time payments by households and businesses on a
https://www.rba.gov.au/publications/annual-reports/rba/2021/