Payment systems replacement
We currently have NZClear 2.0 open for Member industry acceptance testing at present. This is a significant milestone and one of our last hurdles to mark off as successful to inform a go live decision and announce a go live date.
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 iscompleted.
Members are currently completing NZClear testing.
Our infrastructure build tasks have been completed.
Industry Engagement update
ESAS Training is complete
NZClear Training is complete
We continue with monthly NZClear webinars, NZClear weekly testing updates and bi-monthly ESAS Account holder meetings.
Industry key dates
NZClear IAT Commenced
NZClear e-Learning completed
NSI Testing completed.
Quality Gate two testing.
Swift Interface Testing starts.
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