Question

Explain RTGS ?


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Answer 1

Answer:

The term real-time gross settlement (RTGS) refers to a funds transfer system that allows for the instantaneous transfer of money and/or securities. ... Once completed, real-time gross settlement payments are final and irrevocable. In most countries, the systems are managed and run by their central banks.

Answer 2

Answer:

The term real-time gross settlement (RTGS) refers to a funds transfer system that allows for the instantaneous transfer of money and/or securities. ... Once completed, real-time gross settlement payments are final and irrevocable. In most countries, the systems are managed and run by their central banks