High Value
Real-Time
Movement
Of Funds
RTGS
ASL’s Advanced Real-Time Gross Settlement (RTGS) Solution gives organisations the ability to transfer high-value payments accurately and at high speed, from one Australian bank to another – using ASL’s (or the paying banks) Exchange Settlement Account (ESA) with the Reserve Bank of Australia.
Speak with us today and start your journey to a stress free, streamlined access to ASL’s RTGS solution.
Key Features
- Real-Time – Funds transferred to beneficiary accounts in real-time.
- Sponsorship – HVCS sponsorship available.
- Funds Access – RTGS processing hours aligned to RITS* hours.
- Online Portal – Originate secure payments through online portal.
- Access Flexibility – Multi-user access available.
- Fast Reporting – Real-time reconciliation capabilities and 24/7 access.
- SFTP Service – STP file transfer fir Client processing at Core Banking system.
- SWIFT Messaging – Generation and receipts of RTGS (Swift) messages).
* Reserve Bank Information & Transfer System
Benefits For You
- Fast Settlement – Settlement happens at high speed with real-time transactions.
- Improved Visibility – 24/7 access to settlement account balances.
- Security – A 4-eye checking process provides payments that are highly secure.
- Flexibility – Option of payment initiation and receipt through ASL’s secure, high-value portal.
- Exchange Settlement Access – Utilise ASL’s Exchange Settlement Account (ESA).
- Risk Reduction – The system reduces risks associated with deferred high-value bank payments.
- Proven Solution – Uses teh trusted Reserve Bank’s highly secure system for HVCS*.
- No Limits – Send high value amounts with no upper cap limit.
*High Value Clearing System.
The ASL Advantage
- ASL has a proud 30+ year settlement history.
- ASL is a founding member with Direct Connection into the New Payments Platform (NPP) and COIN networks.
- ASL was one of the first organisations to process live transactions on the New Payments Platform.
- ASL has invested substantially to enhance our New Payments Platform environment.
- ASL is a member and active participant of SWIFT, AusPayNet, eftpos, BPAY and Visa.
- ASL has ‘ASAPP’, our easy, flexible API platform.
- ASL is an authorised ADI, under the supervision of APRA, and compliant with all required APRA Prudential Standards.