Question

Merits and demerits of rtgs

Answer 1

Answer:

There are a few advantages and disadvantages of the RTGS system. One of disadvantages are the gross system been at risk of gridlock from not having enough money. The advantage is having the savings in money to support any payment transaction.

Answer 2

RTGS (Real-time gross settlement) has gridlock risk but it save money.

Explanation:

• RTGS may be defined as the continuous process that settles the individual payments without any netting debits.
• RTGS settlement is mainly employed for the large value and the transfer of the inter fund banks.
• The main disadvantage of RTGS is that the gross system has the gridlock risk that do not have enough money.
• The main advantage is that RTGS save money that support the transaction payment.

#Learn more with brainly about RTGS:

RTGS :https://brainly.in/question/6291406.