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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

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Material Developments | 2021 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
In relation to the SWIFT Payment Delivery System (PDS) feeder, an industry committee is working to address the challenges identified with the HVCS fall-back arrangements. ... Under the enhanced arrangements, if a protracted RITS outage were to occur and
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/material-developments.html

Appendix A: Background Information | 2015 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
The SWIFT PDS is a closed user group administered by APCA, which sets rules and procedures for clearing payments in Australia through its High Value Clearing System (HVCS). ... The SWIFT PDS is used primarily to make one-sided customer and interbank
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/appendix-a.html

List of tables | 2014 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Settlement in RITS. Transaction types. Governance and ownership. SWIFT PDS. RTGS. ... The SWIFT PDS is a closed user group governed by APCA, an industry body that sets rules and procedures for clearing and settling payments in Australia, under APCA's
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/tables.html

General Background | 2013 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Society for Worldwide Interbank Financial Telecommunications (SWIFT) Payment Delivery System (PDS) and Austraclear (The SWIFT PDS is a closed user group governed by the Australian Payments Clearing Association (APCA), an industry ... The SWIFT PDS is
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/background.html

2019 Assessment of the Reserve Bank Information and Transfer System – Material Developments

9 Mar 2023
SWIFT Payment Delivery Service (PDS). Connectivity to the SWIFT PDS was restored just under five hours after the outage occurred. ... After a delay, the AUD was able to settle in CLS after RITS and the SWIFT PDS were recovered in time for members to make
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/material-developments.html

Appendix A: Background Information | 2020 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
The SWIFT PDS is a closed user group administered by AusPayNet, which sets rules and procedures for clearing payments in Australia through its HVCS. ... The SWIFT PDS is used primarily to make customer and interbank payments, with interbank settlement
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/appendix-a.html

Appendix A: Background Information | 2018 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Austraclear. The SWIFT PDS is a closed user group administered by the Australian Payments Network, which sets rules and procedures for clearing payments in Australia through its High Value Clearing System ... HVCS). The SWIFT PDS is used primarily to
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/appendix-a.html

Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
The SWIFT PDS is a closed user group administered by AusPayNet, which sets rules and procedures for clearing payments in Australia through its HVCS. ... The SWIFT PDS is used primarily to make customer and interbank payments, with interbank settlement
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html

Appendix A: Background Information | 2021 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
The SWIFT PDS is a closed user group administered by AusPayNet, which sets rules and procedures for clearing payments in Australia through its HVCS. ... The SWIFT PDS is used primarily to make customer and interbank payments, with interbank settlement
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-a.html

Appendix A: Background Information | 2017 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
The SWIFT PDS is a closed user group administered by the Australian Payments Network, which sets rules and procedures for clearing payments in Australia through its High Value Clearing System (HVCS). ... The SWIFT PDS is used primarily to make customer
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/appendix-a.html