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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Customer Services
3 Aug 1999
RBA Annual Report
– 1999
The Reserve Bank's RTGS system for interbank payments is one of the most advanced and comprehensive in the world. ... The RTGS system has proved to be very efficient in its operation and, importantly, is economical in its liquidity requirements.
https://www.rba.gov.au/publications/annual-reports/rba/1999/cust-serv.html
Business Services
3 Aug 2000
RBA Annual Report
– 2000
RTGS payments include securities markets settlements, the Australian dollar leg of foreign exchange transactions and important or time-critical customer payments. ... This financial year was one of consolidation as the RTGS system progressed through its
https://www.rba.gov.au/publications/annual-reports/rba/2000/bus-serv.html
Business Services
28 Jul 2004
RBA Annual Report
– 2004
RTGS turnover through RITS grew strongly in 2003/04 in terms of both value and number of payments settled. ... In addition to RTGS payments, RITS settles two batches of netted interbank payments each day.
https://www.rba.gov.au/publications/annual-reports/rba/2004/bus-serv.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
Speeches – 1998
31 Dec 1998
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/1998/
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
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
Operations in Financial Markets
30 Jun 1998
RBA Annual Report
– 1998
It is possible that, under RTGS, a second round of dealing will occur more frequently than in the past. ... To promote system liquidity under RTGS, the Reserve Bank has augmented its traditional dealing arrangements.
https://www.rba.gov.au/publications/annual-reports/rba/1998/oper-fin-mkts.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
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