Search: bank accepted bill of exchange
RBA Glossary definition for bank accepted bill of exchange
bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.
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Background | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
7 Jun 2011
Consultations
Background. In 2003, the Reserve Bank began implementing reforms to the debit and credit card systems in Australia. ... of merchants imposed a surcharge on at least one of the credit cards they accepted in December 2010 (Graph 2.1).
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/background.html
Key Features of Repo CCPs | Central Clearing of Repos in Australia: A Consultation Paper | Consultations
6 Mar 2015
Consultations
h) Some use of commercial bank money for Euro Repo. (i) Cash obligations between clearing banks are settled in central bank money. ... Further, as FICC does not have direct access to the central-bank owned payment system, the Fedwire Funds Service, it
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/key-features-repo-ccp.html
Innovation Gaps in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for Consultation June…
7 Jun 2011
Consultations
This issue is also related to electronic bill presentment and payment, otherwise referred to as e-invoicing. ... Settlement between banks occurs the next day at 9am. While, for direct participants, customer accounts are treated as having been debited and
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/innovation-gaps.html
The Australian Repo Market | Central Clearing of Repos in Australia: A Consultation Paper | Consultations
6 Mar 2015
Consultations
Totals may not sum due to rounding. (b) Excludes banks' ‘open repos’ with the Bank for the purpose of meeting settlement obligations. ... The Bank's open market operations. Repos offer a flexible instrument for the Bank to manage the total amount of
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/australian-repo-market.html
The Use of Established Payment Methods | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 |…
7 Jun 2011
Consultations
Graph 16. The above data point to widespread use of the internet to make bill payments, with around 40 per cent of bills being paid online. ... The diary results suggest that around 30 per cent of personal cheques were used to pay bills in 2010,
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/established-payment-methods.html
Strategic Issues – Scope of Migration | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
The exchange of information takes place via clearing systems specific to the payment type. ... Property – used for e-conveyancing and settlement of property transactions through the Property Exchange Australia (PEXA) system.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-scope-of-migration.html