RITS: Difference between revisions
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imported>Doug Williamson (Create page - source - Reserve Bank of Australia - https://www.rba.gov.au/payments-and-infrastructure/rits/about.html) |
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Latest revision as of 10:59, 1 December 2021
Funds transfer - Australia.
RITS is the real time gross settlement transfer system for large value real time payments in Australia, primarily between financial institutions.
RITS is an abbreviation for Reserve Bank Information and Transfer System.
