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RBA Glossary definition for settlement

settlement – The discharge of obligations arising from fund transfers between two or more parties.

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Banking and Payment Services

17 Oct 2019 RBA Annual Report – 2019
from the Reserve Bank to administer a new property settlement batch in RITS. ... The Bank also provides settlement services for banknote lodgements and withdrawals by commercial banks.
https://www.rba.gov.au/publications/annual-reports/rba/2019/banking-and-payment-services.html

Changes to Statistical Tables

14 Mar 2024 Statistics
Previously, balances were reported on a contracted basis. The change to settlement basis brings the reporting of outstanding TFF balances in line with the rest of outstanding balances reported in A3.
https://www.rba.gov.au/statistics/tables/changes-to-tables.html

Settlement Procedures

9 Apr 2020
The Reserve Bank's Standard Settlement Instructions are listed in the following table:. ... Standard Settlement Instructions. Austraclear (Sub Participant) Account. Transaction type. RBAA20. Open Market Operations.
https://www.rba.gov.au/mkt-operations/resources/tech-notes/settlement-procedures.html

Responding to the Economic and Financial Impact of COVID-19

19 Mar 2020 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, Sydney
https://www.rba.gov.au/speeches/2020/sp-gov-2020-03-19.html

Banking and Payment Services

21 Oct 2021 RBA Annual Report – 2021
transactions originating from an upstream business operator and submits them to RITS for simultaneous settlement in a ‘batch’. ... The Bank also provides settlement services for banknote lodgements and withdrawals by commercial banks.
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html

Payments Settlements | Students and Graduates | Careers

4 Dec 2023
Graduates have a unique opportunity to work in our Payments Settlements Department.
https://www.rba.gov.au/careers/careers-at-the-rba/students-and-graduates/payments-settlements.html

The Evolution of Interbank Settlement in Australia

17 Mar 2022 Bulletin – March 2022
Kasia Kopec and Chirag Rao
Electronic payments are ubiquitous in modern economies and result in financial obligations between different financial institutions.
https://www.rba.gov.au/publications/bulletin/2022/mar/the-evolution-of-interbank-settlement-in-australia.html

Payments Settlements – RITS | Personal Information Collection Notices

9 Mar 2023
Personal Information Collection Notice – Payments Settlements – RITS
https://www.rba.gov.au/privacy/personal-information-collection-notices/rits.html

Reform of Interbank Payments - A Proposal for Implementing Real Time Gross Settlement in Australia

5 Apr 1995 Media Releases
It would be necessary, however, to bring these net settlement forward from next day to same day; BITS member banks may want to arrange frequent within-day settlements to assist their ... Market arrangements. Securities settlements. BITS settlement. Other
https://www.rba.gov.au/media-releases/1995/mr-95-05-attach-2.html

News & Announcements

2 Jan 2024
Listing of RBA news & announcements
https://www.rba.gov.au/news/