Search: bank accepted bill of exchange

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RBA Glossary definition for bank accepted bill of exchange

bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.

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

28 Dec 2019 Submissions
Each of the four major banks and the Reserve Bank are able to appoint a director. ... The proof-of-concept simulated the issuance of central bank-backed tokens to commercial banks in exchange for exchange settlement account balances, the exchange of
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
using local bank accounts, offering cheaper and faster money transfers than many banks. ... issuance of central bank-backed tokens to commercial banks in exchange for exchange settlement.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

8 May 2024 Submissions
Accordingly, the Bank will continue to closely monitor developments in Australia and overseas. ... card schemes provide the Bank with access to their fee schedules and scheme rules.
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Submission on Data Sharing and Release Legislation – August 2018 | Data Sharing | Submissions

1 Aug 2018 Submissions
The existence of section 79A is also key to the Bank's ability to exchange information with central banks and regulatory authorities in other jurisdictions. ... Without section 79A, or something substantially similar, the Bank may lose the ability to
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/

Proposed Merger Between Armaguard and Prosegur

17 Apr 2023 Submissions PDF 228KB
2 See Reserve Bank of Australia (2022), ‘Proposed Merger between Armaguard and Prosegur’, October. ... agree with this view, the Reserve Bank repeats the comments in its Previous Submission.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-april-2023.pdf

Submission to the Inquiry into Digital Currency

1 Dec 2014 Submissions PDF 652KB
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-digital-currency-2014-11.pdf

Inquiry by the Senate Economics References Committee into Bank Funding Guarantees – Joint Submission from the RBA and APRA

27 Jul 2009 Submissions PDF 98KB
Inquiry into the Bank Funding Guarantees
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-bank-funding-guarantees/pdf/inquiry-bank-funding-guarantees.pdf

Submission to the Parliamentary Joint Committee on Corporations and Financial Services inquiry into Mobile payment and digital wallet…

26 May 2021 Submissions PDF 626KB
Accordingly, the Bank will continue to closely monitor developments in Australia and overseas. ... card schemes provide the Bank with access to their fee schedules and scheme rules.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-mobile-payment-and-digital-wallet-financial-services.pdf

Submission on Data Sharing and Release Legislation

18 Oct 2018 Submissions PDF 207KB
purposes of the Reserve Bank Act, the Banking Act 1959, the Payment Systems (Regulation) Act  1998, the  Payment  Systems  and  Netting  Act  1998  or  the  repealed  Banks (Shareholdings) ... The  existence of  section 79A 
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf

Submission to the Review of the Operation of the Sunsetting Provisions in the Legislation Act 2003

14 Jul 2017 Submissions PDF 493KB
7 July 2017. Introduction – overview of Reserve Bank’s role as rule-maker. ... the arrangements between banks and other system participants for the irrevocable settlement of.
https://www.rba.gov.au/publications/submissions/other/pdf/review-of-the-operation-of-the-sunsetting-provisions-in-the-legislation-act-2003.pdf