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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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Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2019 Assessment of the Reserve Bank Information and…

9 Mar 2023
The RTGS feeder systems are the SWIFT PDS, Austraclear, CHESS RTGS and NPP. ... The SWIFT PDS is administered by Australian Payments Network (AusPayNet) under its HVCS.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/appendix-b.html

Sesssion Arrangements | Continuous Linked Settlement: RITS Session Times and Operational Arrangements – July 2015

9 Mar 2023
SWIFT PDS transactions between two Evening Agreed banks (including MT103 messages arriving before the 16:30 cut-off for new payments of these types) may settle until 18:30 in standard ... 3.3. SWIFT Sessions. Provision has been made for SWIFT PDS MT103
https://www.rba.gov.au/payments-and-infrastructure/rits/information-papers/cls-rits-session-times-and-operational-arrangements/session-arrangements.html

Evening Participation Arrangements | Continuous Linked Settlement: RITS Session Times and Operational Arrangements – July 2015

9 Mar 2023
Both the SWIFT PDS and Austraclear Feeder Systems operate in the evening (the latter only for transactions between banks, there is no Austraclear client activity). ... More information on timing of SWIFT PDS and Austraclear transactions is provided below.
https://www.rba.gov.au/payments-and-infrastructure/rits/information-papers/cls-rits-session-times-and-operational-arrangements/evening-participation.html

Core Principle VIII | 2005 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Member banks, via the industry association APCA, were responsible for the decision to use SWIFT FIN-Copy (Y-mode) as the Payments Delivery System (PDS) for customer payments. ... This decision was supported by the Reserve Bank. Responsibility for the PDS
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2005/core-prin-8.html

Abbreviations | 2020 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
NPPA. New Payments Platform Australia Limited. OMO. Open Market Operation. PDS. ... SSF Standards. Financial Stability Standards for Securities Settlement Facilities. SWIFT. Society for Worldwide Interbank Financial Telecommunication.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/abbreviations.html

Abbreviations | 2019 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
OMO. Open Market Operation. PDS. Payment Delivery Service. PEXA. Property Exchange Australia Ltd. ... SWIFT. Society for Worldwide Interbank Financial Telecommunication.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/abbreviations.html

Abbreviations | 2017 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
PDS. Payment Delivery System. PEXA. Property Exchange Australia Ltd. PPS. Protected Payments System. ... SWIFT. Society for Worldwide Interbank Financial Telecommunication.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/abbreviations.html

Abbreviations | 2015 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
New Payments Platform. PDS. Payment Delivery System. PEXA. Property Exchange Australia Ltd. ... RTGS. Real-time gross settlement. SSF. Securities settlement facility. SWIFT. Society for Worldwide Interbank Financial Telecommunication.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/abbreviations.html

Contingency Arrangements | Continuous Linked Settlement: RITS Session Times and Operational Arrangements – July 2015

9 Mar 2023
out transactions across the SWIFT PDS are not available. ... Pay-ins and pay-outs must occur on an RTGS basis, so RITS cash transfers will be used to facilitate these transactions if SWIFT PDS payments are not possible, either for
https://www.rba.gov.au/payments-and-infrastructure/rits/information-papers/cls-rits-session-times-and-operational-arrangements/contingency-arrangements.html

Abbreviations | 2018 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
NPPA. New Payments Platform Australia Limited. OMO. Open Market Operation. PDS. ... SWIFT. Society for Worldwide Interbank Financial Telecommunication.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/abbreviations.html