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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Statistical Tables
26 Apr 2024
Statistics
Statistical Tables. This page lists statistical tables for a range of economic and financial data produced by the Reserve Bank of Australia and other organisations. These tables are subject to revisions and may be withdrawn or discontinued at any
https://www.rba.gov.au/statistics/tables/
Competition and Efficiency
21 Mar 2002
PSB Annual Report
– 2001
Since the Charter was published, two developments have turned the spotlight onto direct debits and the importance of consumer safeguards. ... These two developments promise a further strengthening of consumer safeguards for direct debits.
https://www.rba.gov.au/publications/annual-reports/psb/2001/competition.html
Competition and Efficiency
1 Oct 2000
PSB Annual Report
– 2000
As with other means of accessing a transaction account, such as cheques, direct debits and direct credits, financial institutions offering debit card payment services could seek to recover their costs directly ... of other payment instruments,
https://www.rba.gov.au/publications/annual-reports/psb/2000/competition.html
The Role of the Payments System Board
16 Jun 1999
Speech
Speech by John Laker to AIC Conference on ‘Australian Payments System Evolution’, Sydney
https://www.rba.gov.au/speeches/1999/sp-ag-160699.html
Competition and Efficiency
24 Mar 2003
PSB Annual Report
– 2002
These safeguards are enshrined in the Charter for Direct Debit Customers, first published in 2000, which guarantees service levels for retail customers. ... Recently, APCA has introduced more streamlined procedures that allow customers to cancel direct
https://www.rba.gov.au/publications/annual-reports/psb/2002/competition.html
The Board's First Year
1 Oct 1999
PSB Annual Report
– 1999
3.75. Direct debits. 0.15. BPAY. 0.60. Including merchant service fees if credit card used. ... To provide a basis for promoting direct debits to the Australian community, the Board would like to see the development of a Code of Conduct for direct debit
https://www.rba.gov.au/publications/annual-reports/psb/1999/first-year.html
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
– June 2014
In November 2013, the Reserve Bank introduced changes to its Reserve Bank Information and Transfer System (RITS) to allow the same-day settlement of non-government direct entry obligations. This outcome met one of the objectives set by the Payments
https://www.rba.gov.au/publications/bulletin/2014/jun/7.html
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
4 Jan 2024
Overview of the Australian Payments System
https://www.rba.gov.au/payments-and-infrastructure/payments-system.html