Search: bank accepted bill of exchange

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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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Proposed Merger Between Armaguard and Prosegur – April 2023 | Responses and Options Paper

24 May 2023 Submissions
agree with this view, the Reserve Bank repeats the comments in its Previous Submission. ... See Reserve Bank of Australia (2022), ‘Proposed Merger between Armaguard and Prosegur’, October.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html

Submission on Data Sharing and Release Legislation – August 2018 | Data Sharing | Submissions

1 Aug 2018 Submissions
The existence of section 79A is also key to the Bank's ability to exchange information with central banks and regulatory authorities in other jurisdictions. ... Without section 79A, or something substantially similar, the Bank may lose the ability to
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

25 May 2023 Submissions
Accordingly, the Bank will continue to closely monitor developments in Australia and overseas. ... card schemes provide the Bank with access to their fee schedules and scheme rules.
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
mostly external) members: the Governor, another representative of the Bank, a representative from. ... systems for which the Bank has imposed standards and/or an access regime.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf

Submission on Data Sharing and Release Legislation

18 Oct 2018 Submissions PDF 207KB
purposes of the Reserve Bank Act, the Banking Act 1959, the Payment Systems (Regulation) Act  1998, the  Payment  Systems  and  Netting  Act  1998  or  the  repealed  Banks (Shareholdings) ... The  existence of  section 79A 
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf

Inquiry by the Senate Economics References Committee into Bank Funding Guarantees – Joint Submission from the RBA and APRA

27 Jul 2009 Submissions PDF 98KB
Inquiry into the Bank Funding Guarantees
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-bank-funding-guarantees/pdf/inquiry-bank-funding-guarantees.pdf

Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions

6 Sep 1996 Submissions
In the process, they incur liabilities one to the other. By settling these clearing system obligations using settlement accounts with the central bank, creditor banks exchange claims on other commercial banks ... One common complaint is that non-bank
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
using local bank accounts, offering cheaper and faster money transfers than many banks. ... issuance of central bank-backed tokens to commercial banks in exchange for exchange settlement.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

Submission to the Inquiry into Digital Currency

1 Dec 2014 Submissions PDF 652KB
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-digital-currency-2014-11.pdf

Submission to the Inquiry into the Corporations and Financial Sector Legislation Amendment Bill 2013

19 Apr 2013 Submissions PDF 1245KB
Parliamentary Joint Committee on Corporations and Financial Services
https://www.rba.gov.au/publications/submissions/financial-sector/pdf/inquiry-corporations-and-financial-sector-legislation-amendment-bill-2013.pdf