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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-Risk Management Practices
9 Mar 2023
Media Release
However, it should be recognised that, as there is very little direct trading of EMEAP currencies against one another, any solution or action plan developed within the region will require the
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html
Media Releases – 2023
1 Jan 2023
Media releases
issued in 2023
https://www.rba.gov.au/media-releases/2023/
Final Incident Report RITS and FSS Incident – 12 October 2022
25 Nov 2022
Media Release
PDF
146KB
NPPA arranged a number of meetings with all NPP direct participants over the next couple of days to co-ordinate the reconciliation and recovery effort. ... RITS members were unable to exchange clearing files through the LVCS for the last two direct entry
https://www.rba.gov.au/media-releases/2022/pdf/mr-22-40-final-incident-report-rits-and-fss-incident-12-october-2022.pdf
Payments System Board Update: August 2022 Meeting
25 Aug 2022
Media Releases
Today’s Payments System Board meeting discussed the Bank’s assessment of the ASX clearing and settlement facilities and oversight of international facilities, least-cost routing, payments reforms including industry standard setting bodies,
https://www.rba.gov.au/media-releases/2022/mr-22-27.html
Review of Banknote Distribution Arrangements: Conclusions Paper
24 Aug 2022
Media Releases
The Reserve Bank has concluded its Review of Banknote Distribution Arrangements. Today, it has released a Conclusions Paper setting out various changes that seek to ensure that banknote distribution is effective, efficient, sustainable and resilient
https://www.rba.gov.au/media-releases/2022/mr-22-26.html
Payments System Board Update: May 2022 Meeting
26 May 2022
Media Releases
Today’s Payments System Board meeting discussed banknote distribution arrangements, the ASX’s CHESS replacement program, payments system regulatory reforms, stablecoin developments, merchant payment costs and the annual assessment of Australia's
https://www.rba.gov.au/media-releases/2022/mr-22-13.html
BIS Innovation Hub and Central Banks of Australia, Malaysia, Singapore and South Africa Develop Experimental Multi-CBDC Platform for…
22 Mar 2022
Media Releases
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa develop experimental multi-CBDC platform for international settlements.
https://www.rba.gov.au/media-releases/2022/mr-22-09.html
Payments System Board Update: February 2022 Meeting
17 Feb 2022
Media Releases
Today’s Payments System Board meeting discussed payments system regulatory reforms, systemically important payment systems, critical infrastructure reforms, banknote distribution arrangements and CBDC developments.
https://www.rba.gov.au/media-releases/2022/mr-22-03.html
Review of Retail Payments Regulation: Conclusions
22 Oct 2021
Media Releases
The Payments System Board’s Review of Retail Payments Regulation has concluded with the release of a Conclusions Paper. The Payments System Board has also announced an exemption from aspects of the Access Regime for the ATM System.
https://www.rba.gov.au/media-releases/2021/mr-21-23.html
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa will test CBDCs for international settlements
2 Sep 2021
Media Releases
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa will test CBDCs for international settlements. Project Dunbar will develop prototypes for shared platforms that will enable international settlements with
https://www.rba.gov.au/media-releases/2021/mr-21-18.html