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RBA Glossary definition for direct entry credit

direct entry credit – A pre-planned credit from one account to another.

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Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
Financial institutions do not agree to pay fees between themselves when their customers use cheques, direct debits or direct credits for making payments; customers pay fees and charges for these payment ... In Australia, the cheque system, the direct
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
AusPayNet develops and administers rules and standards governing payments clearing and settlement in Australia, specifically in relation to cards, cheques, direct debits and credits, and high-value payments, as well as ... When making a card payment,
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Box D: The New Payments Platform and Fast Settlement Service

10 Feb 2020 FSR April 2018 PDF 588KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-d.pdf

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
annualised basis), compared with around 120 transactions per person for the older direct entry system (including BPAY). ... Direct participants connect to the NPP directly using their own NPP payment gateway.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

The Australian Financial System

26 Mar 2013 FSR - March 2013 PDF 1130KB
https://www.rba.gov.au/publications/fsr/2013/mar/pdf/aus-fin-sys.pdf

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

The Australian Financial System

26 Mar 2014 FSR March 2014 PDF 724KB
https://www.rba.gov.au/publications/fsr/2014/mar/pdf/aus-fin-sys.pdf

Financial Stability Review March 2014

26 Mar 2014 FSR March 2014 PDF 1956KB
https://www.rba.gov.au/publications/fsr/2014/mar/pdf/0314.pdf

Statement on Monetary Policy - November 2017

10 Feb 2020 SMP PDF 6296KB
Statement of Monetary Policy - November 2017
https://www.rba.gov.au/publications/smp/2017/nov/pdf/statement-on-monetary-policy-2017-11.pdf

Submission to the ACCC: Reform of Debit Card (EFTPOS) Interchange Fees – 21 March 2003 | Payments System | Submissions

21 Mar 2003 Submissions
As with other means of accessing a transaction account, such as cheques, direct debits and direct credits, financial institutions offering EFTPOS payment services could seek to recover their costs directly from ... Merchants will therefore be significant
https://www.rba.gov.au/publications/submissions/payments-system/eftpos-interchange-fees/