Australian Payments Clearing Association

Australian Payments Clearing Association

The Australian Payments Clearing Association (APCA), established February 1992, is an organization that sets, manages and develops regulations, procedures and standards governing payments clearing and settlement within Australia. The APCA is a public company owned by banks, building societies and credit unions.

APCA's Objectives

APCA's stated mission is "to achieve and maintain international best practice in the operation of the Australian payments clearing system."

APCA's role is to manage and develop the Australian payments clearing system, so as to:
* preserve the integrity of the system;
* identify and control settlement risk;
* improve the effectiveness and efficiency of the system;
* ensure principles of equity and competitive neutrality are applied in determining participation in the system;
* facilitate the co-ordination of payments clearing arrangements among providers of payment services; and
* assist the community's understanding of the system and ensure that public debate is well informed.

External links

* [http://www.apca.com.au/ APCA website]


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Clearing house (finance) — A clearing house is a financial institution that provides clearing and settlement services for financial and commodities derivatives and securities transactions. These transactions may be executed on a futures exchange or securities exchange, as… …   Wikipedia

  • APCA — Australian Payments Clearing Association (Business » Firms) * Anthropogenic Precursor Culpability Assessment (Medical » Physiology) …   Abbreviations dictionary

  • Cheque — A Canadian cheque …   Wikipedia

  • Direct debit — A direct debit or direct withdrawal is an instruction that a bank account holder gives to his or her bank to collect an amount directly from another account. It is similar to a direct deposit but initiated by the beneficiary. It is also called… …   Wikipedia

  • Depository Trust & Clearing Corporation — Type Private Industry Finance Ge …   Wikipedia

  • Прямое дебетование — (англ. Direct Debit)  метод платежа, который позволяет организациям (кредиторам) списывать средства со счетов клиентов банка при условии, что клиент банка (плательщик) сформировал банку поручение о проведении таких операций,… …   Википедия

  • APCA — may be:*Comandos Anfibios, special operations force of the Argentine Navy *Australian Payments Clearing Association *Association for the Promotion of Campus Activities Association started by Eric Lambert to promote quality yet affordable… …   Wikipedia

  • Australia — This article is about the country. For other uses, see Australia (disambiguation). Commonwealth of Australia …   Wikipedia

  • Australia — /aw strayl yeuh/, n. 1. a continent SE of Asia, between the Indian and the Pacific oceans. 18,438,824; 2,948,366 sq. mi. (7,636,270 sq. km). 2. Commonwealth of, a member of the Commonwealth of Nations, consisting of the federated states and… …   Universalium

  • Media and Publishing — ▪ 2007 Introduction The Frankfurt Book Fair enjoyed a record number of exhibitors, and the distribution of free newspapers surged. TV broadcasters experimented with ways of engaging their audience via the Internet; mobile TV grew; magazine… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”