Hi guys, I've been looking around tonight trying to find some information on how Australian banks conduct transactions between each other. I mean say I'm with Westpac and I want to give my mate $100 who has an account at the ANZ, does the money just get directly transferred between the two banks using some sort of inter-organisational ecommerce system or is it routed through an intermediary? The RBA? or do all the banks of Australia trade retails transactions through some sort of open system that is available to all? Exactly how does it work?!??! Anyone got any web references I could go look up with relevant information on this? Thanks.