Electronic Financial Settlement Service Providers

Electronic financial settlement service providers are key stakeholders in electronic conveyancing:

• Reserve Bank of Australia (RBA)

Provides the systems and facilities for settlement of financial transactions between banks.
www.rba.gov.au

A description of the Reserve Bank Information and Transfer System (RITS) is available 
at: www.rba.gov.au/PaymentsSystem/Rits/about_rits.html

• Australian Stock Exchange (ASX) Ltd 

A securities settlement system service provider, the ASX is accredited by the RBA to access its Real   
Time Gross Settlement System (RTGS). 
www.asx.com.au

An overview of the ASX Austraclear service is available at:
www.asx.com.au/professionals/austraclear/more_information.htm 

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