Real Time Gross Settlement - RTGS

外汇网2021-06-19 13:54:26 138

The continuous settlement of payments on an inpidual order basis without netting debits with credits across the books of a central bank.

|||Basically, this is a system for large-value interbank funds transfers. This system lessens settlement risk because interbank settlement happens throughout the day, rather than just at the end of the day.