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RBA Glossary definition for direct debit

direct debit – A pre-authorised debit on the payer's bank account initiated by the recipient (payee).

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December: 1997-Settlement Risk on Australian Dollar Transactions

9 Mar 2023 Media Release
Settlement of AUD transactions for a dealer's own account is effected through many different means, both direct and indirect. ... However, some direct cross-rate trading does occur, albeit in low volumes, against other currencies.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-risk-aus-dollar-transactions.html

Payments System Board Update: November 2022 Meeting

24 Nov 2022 Media Releases
At its meeting today, the Payments System Board discussed the recent technology outage at the Bank, ASX CHESS replacement, cyber resilience at payments and market infrastructures, payments reforms including common access requirements, least-cost
https://www.rba.gov.au/media-releases/2022/mr-22-39.html

Media Releases – 2013

31 Dec 2013 Media releases issued in 2013
https://www.rba.gov.au/media-releases/2013/

Same-day Settlement of Direct Entry Payments

25 Nov 2013 Media Releases
Starting from 25 November, the settlement of Direct Entry (DE) obligations between payments system participants is occurring on a same-day, rather than next-day, basis
https://www.rba.gov.au/media-releases/2013/mr-13-24.html

Payments System Issues

22 Nov 2012 Media Releases
Media release issued on 22 November 2012 announcing payments system issues
https://www.rba.gov.au/media-releases/2012/mr-12-34.html

Payments System Issues

20 May 2009 Media Releases
At its meeting on 15 May 2009, the Payments System Board considered issues relating to clearing and settlement facilities, and the industry's progress on meeting the Board's conditions if it is to step back from interchange regulation
https://www.rba.gov.au/media-releases/2009/mr-09-10.html

Payments System Reform

10 Dec 2008 Media Releases
Media release announcing the designation of the ATM system, the release of a consultation document setting out a draft Access Regime of that system and the variation of the Interchange Fee Standards for credit and debit cards
https://www.rba.gov.au/media-releases/2008/mr-08-28.html

Update on Payments System Issues

13 Sep 2006 Media Releases
Update on Payments System Issues
https://www.rba.gov.au/media-releases/2006/mr-06-06.html

Access Regime for the EFTPOS System

12 Sep 2006 Media Release PDF 76KB
Reform of the EFTPOS System
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-06-gazette-notice-eftpos-access-regime.pdf

Payments System Reforms

27 Apr 2006 Media Releases
The Reserve Bank released a package of reforms to the EFTPOS and scheme debits systems. It also revoked the designation of the Bankcard system, which is in the process of winding up, and determined that the Payment Systems (Regulation) Act 1998 does
https://www.rba.gov.au/media-releases/2006/mr-06-02.html