Search: direct entry credit
RBA Glossary definition for direct entry credit
direct entry credit – A pre-planned credit from one account to another.
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Box D: The New Payments Platform and Fast Settlement Service
10 Apr 2018
FSR
– April 2018
Immediate settlement also means that financial institutions can make funds available to recipients in real time without taking on credit risk. ... Over time, it is expected that some retail payments will transition to the NPP, particularly from the
https://www.rba.gov.au/publications/fsr/2018/apr/box-d.html
Economic Outlook
15 May 2017
SMP
– May 2017
Furthermore, the entry of new foreign retailers into the Australian market over the next few years could constrain retail price inflation. ... The recent tightening in prudential standards and higher interest rates on some mortgage products are likely to
https://www.rba.gov.au/publications/smp/2017/may/economic-outlook.html
The Australian Financial System
10 Mar 2013
FSR
– March 2013
Low-value payments, such as direct entry, consumer electronic (card-based) payments and cheque transactions, are multilaterally netted and settled in RITS in a single batch at 9 am the following ... The Reserve Bank is working with the industry to
https://www.rba.gov.au/publications/fsr/2013/mar/aus-fin-sys.html
The Australian Financial System
10 Sep 2014
FSR
– September 2014
Interbank obligations arising from low-value payments, such as cheques, direct entry, and consumer electronic (card-based) transactions, settle in RITS on a multilaterally netted basis, rather than on an RTGS ... This has allowed direct entry
https://www.rba.gov.au/publications/fsr/2014/sep/aus-fin-sys.html
Mortgage Macroprudential Policies
8 Oct 2021
FSR
– October 2021
Restrictions on high-LVR lending can limit the supply of credit to borrowers with low initial equity buffers. ... The direct effect on the flow of new credit is likely to be moderate – but by ensuring borrowers have larger buffers between their income
https://www.rba.gov.au/publications/fsr/2021/oct/mortgage-macroprudential-policies.html
Economic Outlook
10 Aug 2017
SMP
– August 2017
The entry of new foreign retailers into the Australian market over the next few years is also expected to constrain retail price inflation. ... Households' consumption decisions depend on their expectations about growth in their incomes and wealth, and
https://www.rba.gov.au/publications/smp/2017/aug/economic-outlook.html
Box C: Lenders Mortgage Insurance
10 Sep 2013
FSR
– September 2013
LMIs can influence financial stability given their involvement in the credit creation process and linkages with the banking system. ... standards. The use of mortgage insurance will not necessarily moderate the amplitude of the housing credit cycle,
https://www.rba.gov.au/publications/fsr/2013/sep/box-c.html
The Australian Financial System
10 Mar 2014
FSR
– March 2014
pm. These new arrangements allow direct entry payments to be settled in a more timely fashion, on a same-day basis, and also reduce the credit exposure that can arise when ... To accommodate the same-day settlement of direct entry obligations, the
https://www.rba.gov.au/publications/fsr/2014/mar/aus-fin-sys.html
FSR Developments in the Financial System
10 Sep 2008
FSR
– September 2008
Another key element of the package is the introduction of a ‘listing and switching’ service in relation to transaction accounts, to simplify the process of identifying existing direct debit and credit ... if requested by the customer, the customer's
https://www.rba.gov.au/publications/fsr/2008/sep/dev-sys-infra.html
The Australian Financial System
10 Sep 2012
FSR
– September 2012
Settlement of low-value transactions, such as direct entry, consumer electronic (cards-based) payments and cheque transactions, also occurs in RITS through a daily batch, rather than on a real-time ... The settlement of direct entry transactions was
https://www.rba.gov.au/publications/fsr/2012/sep/aus-fin-sys.html