RESERVE BANK OF AUSTRALIA
RITS Low Value Settlement Service (LVSS)
Participant Status Update Request – August 2011
Respondent Details
Institution Name:
Primary LVSS Project
Manager / Contact:
(Please re-confirm)
Name
Position
Email
Phone
Mobile
Alternate LVSS Project
Manager / Contact:
(Please re-confirm)
Name
Position
Email
Phone
Mobile
Overall Project details
1.
Please provide a summary of the current status of your LVSS project. This
summary should cover the tasks completed so far, the current stage of your
project, the project’s funding status and the availability of resources.
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2.
Please provide details of the key milestones and target dates in your project plan
that will enable you to meet the Reserve Bank’s LVSS timetable expectations, as
set out in the LVSS Project Update – June 2011.
3.
Please (re)confirm the person and their position in your organisation that has
ultimate responsibility for the delivery of this project. How often is the status of
the project reported to this person?
4.
Please advise details of any important dependencies that you have identified since
the March 2011 status report.
5.
Please advise details of the any project issues or risks that your institution has
identified since the March 2011 status report that you wish to raise with the RBA.
Project scope details
1.
Please (re)confirm the list of Payment Services that form part of your project
(i.e. those clearing arrangements that your institution participates in which require
you to send and receive LVSS messages). Section 2.4 of the LVSS Member
Documentation lists relevant Payment Services.
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2.
Please (re)confirm if your institution intends to send LVSS messages directly to the
RBA or whether they will be sent using an agent.
3.
Please (re)confirm if your institution be sending LVSS messages for any other
institutions? If so, please provide details.
4.
Please advise if your are planning to receive the optional response and advice LVSS
messages and, if so, for some or all Payment Services?
5.
If your institution currently uses the RITS Automated Information Facility (AIF) for
transaction management, please advise if you also intend to use this facility for the
management of LVSS transactions.
6.
Please advise your estimated start date for standalone testing with the RBA for
each Payment Service that you participate in.
Completed responses should be emailed to the RBA at rits@rba.gov.au on or
before 19 August 2011.