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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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Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 358KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/banking-and-payment-services.pdf

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

The Balance of Payments

29 Apr 2024 PDF 152KB
When economic value is provided a credit entry is made, and when an economic value is received a debit entry is made. ... This surplus is matched by a current account deficit (recorded as a debit).
https://www.rba.gov.au/education/resources/explainers/pdf/the-balance-of-payments.pdf

Interlinking Fast Payment Systems for Cross-border Payments

23 Apr 2024 PDF 2747KB
For example, it can be shorter where the sending and receiving PSPs have a direct relationship, or longer where a bridge currency – a third currency used to facilitate the exchange between ... 2. Bilateral link: Two payment systems are connected to
https://www.rba.gov.au/payments-and-infrastructure/pdf/report-interlinking-fast-payment-systems-for-cross-border-payments-april-2024.pdf

Bulletin

17 Apr 2024 Bulletin - April 2024 PDF 7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.pdf

The Effect of Least-cost Routing on Merchant Payment Costs

17 Apr 2024 Bulletin - April 2024 PDF 746KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/the-effect-of-least-cost-routing-on-merchant-payment-costs.pdf

Increasing the Threshold for the Application of the Financial Stability Standards for Securities Settlement Facilities: Conclusions Paper

15 Apr 2024 Consultations PDF 506KB
2.2 A securities settlement facility should have documented governance arrangements that provide clear and direct lines of responsibility and accountability. ... 9.2 A securities settlement facility operating a central securities depository should
https://www.rba.gov.au/publications/consultations/2023-11-increasing-the-fss-threshold-for-sffs/pdf/2023-11-increasing-the-fss-threshold-for-sffs-conclusions-paper.pdf

Valuing Safety and Privacy in Retail Central Bank Digital Currency

4 Apr 2024 RDP PDF 1594KB
survey-based investigations of privacy, to varying degrees. Although we caution about studying privacy attitudes with direct survey questions, there is one such. ... Some. proposed CBDC designs do involve a more direct relationship between the central
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-02.pdf

Modernising Australia's Payments System

11 Mar 2024 Speech PDF 486KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf

Banknote Distribution Terms and Conditions

22 Feb 2024 PDF 561KB
Approved Payment means:. (a) a direct transfer through the Society for Worldwide Interbank Financial Telecommunication (SWIFT);. ... Note Quality Reward Scheme means the performance credits and performance debits scheme, established under clause 4.3 and
https://www.rba.gov.au/payments-and-infrastructure/banknote-distribution-framework/bdf-legal-framework/pdf/bdf-terms-and-conditions.pdf