RESERVE BANK OF AUSTRALIA
RITS Low Value Settlement Service (LVSS)
Participant Status Update Request – March 2011
Respondent Details
Institution Name:
Primary LVSS Project
Manager / Contact:
Name
Position
Email
Phone
Mobile
Alternate LVSS Project
Manager / Contact:
Name
Position
Email
Phone
Mobile
Overall Project details
1.
Please provide a brief summary of the current status of your LVSS project. This
should include project approval status, budget funding approval, resource
availability and project planning/development progress.
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2.
Please provide details of the key milestones and target dates in your project plan
that will enable you to achieve the end-2011 testing requirement.
3.
Have you determined your internal reporting and project governance structure? At
what level is the project reported?
4.
Please advise details of any important dependencies that you have identified.
5.
Please advise details of the any project issues or risks that your institution has
identified that you wish to raise with the RBA.
Project scope details
1.
Please 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 advise if your institution intends to send LVSS messages directly to the RBA
or whether they will be sent using an agent.
3.
Will 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.
Completed responses should be emailed to the RBA at rits@rba.gov.au on or
before 18 March 2011. The next status update request will occur in
August 2011.