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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Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
Further, the RTGS system will not remove normal credit risks between banks and their customers. ... It is true that unsettled payment system exposures will be less of a problem with RTGS.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html
Strategic Issues – Payment System Design | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
Under the RBA's existing ESA policy, ADIs must directly settle across their own ESA if their aggregate wholesale RITS RTGS transactions constitute 0.25 per cent or more of the ... The move to ISO 20022 message format standards internationally has also
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-payment-system-design.html
ISO 20022 Migration for the Australian Payments System – Issues Paper
7 Apr 2019
Consultations
PDF
1644KB
A consultation paper issued by the Reserve Bank of Australia and the Australian Payments Council - April 2019
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/pdf/issues-paper.pdf
Introduction | Strategic Review of Innovation in the Payments System: Issues for Consultation June 2011 | Consultations
7 Jun 2011
Consultations
It does not consider high value payments, such as those relating to financial market transactions, or large corporate payments directed through the real-time gross settlement (RTGS) system.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/introduction.html
ISO 20022 Migration for the Australian Payments System – Responses and Options Paper
11 Sep 2019
Consultations
PDF
1175KB
settle directly across their own ESA unless their aggregate wholesale RITS RTGS transactions are less than 0.25 per cent of the total value of wholesale RITS RTGS transactions. ... for domestic real-time gross settlement (RTGS) systems (Figure 6). It was
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/pdf/consultation-paper.pdf
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
It owns, operates and participates in Australia's RTGS system, the Reserve Bank Information and Transfer System (RITS). ... In contrast, since RITS is an RTGS system, it prevents the build-up of unsettled obligations, significantly reducing interbank
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
Figure 8.1 | Submission to the Financial System Inquiry – March 2014
19 Mar 2019
Submissions
In 2013, RITS settled approximately. 1 billion worth of interbank obligations on an RTGS basis on average each day;.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/graphs/figure-8.1.html
Increasing the Threshold for the Application of the Financial Stability Standards for Securities Settlement Facilities
23 Nov 2023
Consultations
PDF
511KB
A securities. settlement facility should consider adopting real-time gross settlement (RTGS) or multiple batch.
https://www.rba.gov.au/publications/consultations/2023-11-increasing-the-fss-threshold-for-sffs/pdf/2023-11-increasing-the-fss-threshold-for-sffs.pdf
Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
RMBS. Residential mortgage-backed securities. RTGS. Real-time gross settlement. RTPC. Real Time Payments Committee.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html
Project Scope | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
The RBA's ESA Policy (see) requires ESA holders to settle directly across their own ESA unless their aggregate wholesale RITS RTGS transactions are less than 0.25 per cent of ... the total value of wholesale RITS RTGS transactions.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/project-scope.html