Payment systems replacement
The RBNZ has announced a go live date of Monday the 24th of February – to take our ESAS and NZClear into their new versions.
We have the mandate and assurance from all our members, our internal teams, the PSR Steering Committee and the RBNZ Senior Leadership team.
Significant work is still required until then as we plan weekly dress rehearsals in the countdown to go live.
Payment systems replacement member information
- Login to view information on ESAS
- Login to view information on NZClear
- Payment Systems Roadmap - Member Submission Form
The Reserve Bank conducted a strategic review of ESAS and NZClear in 2013/14. As a result of the strategic review and industry feedback, the Bank decided that it must continue to own and operate ESAS, given that ESAS is central to New Zealand’s financial systems and the Reserve Bank’s statutory functions. The Reserve Bank has chosen to retain the NZ Clear business after a divestment process attracted no sufficiently compelling commercial bids.
The ESAS Account holders have completed Industry Acceptance testing.
NSI Testing is completed.
NZClear Testing is Completed
SWIFT production tests have been completed
Our infrastructure build tasks have been completed.
Industry Engagement update
ESAS Training is complete
NZClear Training is complete
Industry key dates
Members wrote to RBNZ confirming their readiness to go live in February 2019.
Implementation workshops were held in Wellington, Online, Auckland, Melbourne and Sydney to walk through the detailed implementation plan.
NZClear Testing Concluded for members
Governor Adrian Orr wrote to each member Chief Executive, thanking them for their efforts to date, the importance of the whole industry being ready at the same time, and upcoming key dates.
NZClear Testing started for members
NZClear e-Learning completed
NSI Testing completed.
NSI Swift Interface Testing completed with members.
ESAS Industry Acceptance testing concludes.
Training for testers and trainers concludes.
ESAS Industry acceptance Testing concludes Swift Standards 2018 go live.
Training for testers and trainers start.
Member On boarding complete for ESAS.
Operational Impact Assessment Training.
NZClear Familiarisation Sessions.
Account detail and technical contacts requested as a data capture survey.
Member and Account holder onboarding commences.
ESAS Familiarisation Sessions