Search: SWIFT
RBA Glossary definition for SWIFT
SWIFT – Society for Worldwide Interbank Financial Telecommunication. A co-operative organisation that operates a network for the exchange of payment and other financial messages between financial institutions.
Search Results
Material Developments | 2021 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
During the assessment period, the Bank commissioned an independent assessment of its compliance with the SWIFT controls. ... In March 2020, SWIFT decided to defer the deadline for migration to ISO 20022 for cross-border payments.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/material-developments.html
2020 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
During the assessment period, the Bank commissioned an external firm to conduct an independent assessment of its compliance with the SWIFT controls. ... These arrangements involve the netting and settlement of SWIFT PDS transactions in a multilateral
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/material-developments.html
About RITS
20 Mar 2023
A general overview and information papers concerning RITS and its structure
https://www.rba.gov.au/payments-and-infrastructure/rits/about.html
Contacts
9 Mar 2023
This page lists phone, fax and email addresses for the Reserve Bank of Australia
https://www.rba.gov.au/contact/
System Availability Statistics - 2023
3 Aug 2023
100.000. SWIFT. 100.000. 99.811. Austraclear. 100.000. 100.000. Batch feeders. 100.000. 100.000. ... In April, two separate incidents resulted in downtime to the RITS settlement service for SWIFT of 19 and 45 minutes, respectively.
https://www.rba.gov.au/payments-and-infrastructure/rits/system-availability-statistics/index.html
Exchange Settlement Account Policy
9 Mar 2023
The Reserve Bank of Australia's Exchange Settlement Account Policy
https://www.rba.gov.au/payments-and-infrastructure/esa/
2018 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
As a user of the SWIFT network, the Bank is required to meet the security obligations set by SWIFT. ... Enhancing SWIFT-related security tools for customers. Enhancing guidelines and providing audit frameworks for customer security.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/material-developments.html
General Background | 2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Sunday in April); these remain the times when settlement of SWIFT and Austraclear transactions ceases. ... This functionality can be accessed through either the RITS User Interface or via SWIFT messages.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/background.html
List of tables | 2014 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
RITS. 42. 162.7. 162.7. SWIFT payments (HVCS). 38.7. 100.5. 100.5. Debt securities (Austraclear). ... A broader group of central banks, including the Reserve Bank of Australia, are represented on the SWIFT Oversight Forum.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/tables.html