The disaster payments were made through our infrastructure that allows payments to be made 24 hours a day, seven days a week. The RBA also operates the settlement system that is at the core of Australia's payments system. All banks have accounts at the RBA and these accounts are used to move money from one bank to another.
People have confidence in the euro – confidence that others accept the currency, that this money is “valid” and that its stability will be sustained over the long term. This confidence is crucial for a currency to thrive.