Search: direct debit
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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Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
and settlement in Australia, specifically in relation to cards, cheques, direct debits and credits, and high-. ... Transactions per CapitaQuarterly, annualised. Credit cards. Debit cards. Cash. Direct debits and.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf
ISO 20022 Migration for the Australian Payments System – Issues Paper
7 Apr 2019
Consultations
PDF
1644KB
A consultation paper issued by the Reserve Bank of Australia and the Australian Payments Council - April 2019
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/pdf/issues-paper.pdf
The Social Costs of Currency Counterfeiting
1 May 2015
RDP
PDF
881KB
direct loss; and the wider public can lose confidence in the functionality of the currency. ... data. Deposit account transactions could be made using a proprietary debit card (e.g.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-05.pdf
Banking Fees in Australia
20 Jun 2012
Bulletin
PDF
408KB
Reserve Bank of Australia Bulletin June Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612-5.pdf
The Significant Shift in Australia's Balance of Payments
1 Jun 2022
Bulletin
- March 2022
PDF
928KB
https://www.rba.gov.au/publications/bulletin/2022/mar/pdf/the-significant-shift-in-australias-balance-of-payments.pdf
The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
- 2021
PDF
434KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/the-evolving-payments-landscape.pdf
Payments: The Future?
8 Dec 2021
Speech
PDF
299KB
The first of these is the new PayTo service on the NPP, which is expected to serve as a replacementfor the current system of direct debits. ... The existing system of direct debits has worked well in some respects, but a more modern system isnow needed.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-09.pdf
Debit Interchange Reform Submission
16 Sep 2002
PDF
286KB
NATIONAL AUSTRALIA BANK - DEBIT INTERCHANGE REFORM SUBMISSION Sep 02. Page 3 of 5. ... The RBA/ACCC rationale for no interchange is:. • A debit card is simply a method of accessing a transaction account and it is analternative to cheques, direct debits
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/responses-disc-paper/nab-130902.pdf
Policymaking at the Reserve Bank
18 Oct 2022
Speech
PDF
489KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-10-18.pdf
Payments System Regulation and Policy Issues
11 Oct 2023
PSB Annual Report
- 2023
PDF
347KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/payments-system-regulation-and-policy-issues.pdf