Search: SWIFT
RBA Glossary definition for SWIFT
SWIFT – Society for Worldwide Interbank Financial Telecommunication. A co-operative organisation that operates a network for the exchange of payment and other financial messages between financial institutions.
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Payments System Board Update: August 2023 Meeting
17 Aug 2023
Media Releases
Today's Payments System Board meeting discussed the annual Assessment of the ASX clearing and settlement facilities against the Financial Stability Standards, the oversight of international financial market infrastructures, prominent payment systems,
https://www.rba.gov.au/media-releases/2023/mr-23-20.html
Submission to Payments System Review – January 2021 | Responses and Options Paper
8 May 2024
Submissions
Submissions – Payments System Submission to Payments System Review. Submission to the Review of the Australian Payments System. January 2021. Download the complete Submission 1.12. MB. The Bank considers that the existing regulatory arrangements
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
Appendix A: Background Information | 2018 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
This functionality can be accessed through either the RITS user interface or via SWIFT messages. ... HVCS). The SWIFT PDS is used primarily to make customer and interbank payments, with interbank settlement occurring across ESAs in RITS.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/appendix-a.html
An Efficient, Competitive and Safe Payments System
14 Dec 2022
Speech
PDF
638KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-12-14.pdf
Self-assessment of RITS against the Principles | 2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
improvements to internal communications procedures during an incident. new functionality to enable the automated retrieval of SWIFT messages. ... 4.4.3 Outsourcing and other dependencies. Outsourced service providers in RITS mainly consist of Austraclear
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/assessment.html
Appendix A: Background Information | 2020 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
RITS cash transfers: 99.96. SWIFT payments: 99.94. Austraclear: 99.95. Batch settlement services: 99.95. ... This functionality can be accessed through either the RITS User Interface or via SWIFT messages.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/appendix-a.html
Australia's RTGS System
31 Dec 2012
RDP
2012-06
Connection to RITS occurs via either the internet, infrastructure shared with the Australian debt securities depository and settlement system, Austraclear, or the Society for Worldwide Interbank Financial Telecommunication (SWIFT). ... Austraclear and
https://www.rba.gov.au/publications/rdp/2012/2012-06/aus-system.html
Australian Securitisation Markets: Responding to Change
1 Dec 2023
Speech
PDF
817KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-11-21.pdf
Payments System Board Update: February 2019 Meeting
25 Feb 2019
Media Releases
At its meeting on Friday 22 February 2019, the Payments System Board discussed a number of issues, including the annual assessment of CME Inc., the recent default at Nasdaq Nordic, a consultation on migration to ISO20022 message formats,
https://www.rba.gov.au/media-releases/2019/mr-19-03.html
Appendix A: Background Information | 2017 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
This functionality can be accessed through either the RITS User Interface or via SWIFT messages. ... The SWIFT PDS is used primarily to make customer and interbank payments, with interbank settlement occurring across ESAs in RITS.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/appendix-a.html