Search: SWIFT PDS
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.
RBA Glossary definition for SWIFT PDS
SWIFT PDS – SWIFT Payment Delivery System
RBA Glossary definition for PDS
PDS – Payment Delivery System
Search Results
Payments System Board Update: August 2023 Meeting
17 Aug 2023
Media Releases
Today's Payments System Board meeting discussed the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the oversight of international financial market infrastructures, prominent payment systems,
https://www.rba.gov.au/media-releases/2023/mr-23-20.html
December: 1997-Glossary
9 Mar 2023
Media Release
SWIFT. Society for Worldwide Interbank Financial Telecommunication. Systemic risk. The risk that the failure of one participant in a payments system, or in financial markets generally, to meet its required obligations ... XEU. SWIFT code for the European
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
Some have gone even further, requesting SWIFT MT910 messages (ie confirmations of credit) for individual receipts.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html
December: 1997-Sample Questionnaire
9 Mar 2023
Media Release
the time and day (eg 1200 on V1) and method (eg SWIFT, fax) when you routinely notify overseas correspondents of final and failed AUD payments due to them.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-b.html
December: 1997-Settlement Risk on Australian Dollar Transactions
9 Mar 2023
Media Release
While non-bank dealers may also be responsible for making and receiving their own AUD payments (eg if they have access to an Austraclear or SWIFT terminal), settlement of such payments
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-risk-aus-dollar-transactions.html
Final Incident Report RITS and FSS Incident – 12 October 2022
25 Nov 2022
Media Release
PDF
146KB
The RBA will seek guidance from NPPA and SWIFT about whether additional centralised alerting, or any potential alternatives, should be considered. ... 22:33 FSS Confirmed that RITS allocation transfers have settled. 22:45 SWIFT SWIFT join the RBA PS
https://www.rba.gov.au/media-releases/2022/pdf/mr-22-40-final-incident-report-rits-and-fss-incident-12-october-2022.pdf
Consultation on ISO 20022 Migration for the Australian Payments System
8 Apr 2019
Media Releases
Recently, SWIFT announced plans to cease ongoing support of some MT messages used for cross-border payments after November 2025 and migrate them to the ISO 20022 standard. ... SWIFT's end goal is to fully migrate all payments and reporting traffic to ISO
https://www.rba.gov.au/media-releases/2019/mr-19-09.html
Payments System Board Update: February 2019 Meeting
25 Feb 2019
Media Releases
At its meeting on Friday 22 February 2019, the Payments System Board discussed a number of issues, including the annual assessment of CME Inc., the recent default at Nasdaq Nordic, a consultation on migration to ISO20022 message formats,
https://www.rba.gov.au/media-releases/2019/mr-19-03.html
Hong Kong and Australia hold 3rd RMB Trade and Investment Dialogue
9 Jul 2015
Media Releases
This media release outlines the Third Australia-Hong Kong Renminbi Trade and Investment Dialogue
https://www.rba.gov.au/media-releases/2015/jmr-15-12.html
A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)
13 Aug 2004
Media Release
PDF
178KB
7. The proposed security regime would conform to the PRESS/PDS Security Working Group standards.
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf