what do you mean by real time Gross settlement system ( RTGS)?
Answers
Answered by
0
Answer:
. RTGS is the continuous process of settling payments on an individual order basis without netting debits with credits across the books of a central bank.
Answered by
1
Answer:
It mean in rtgs the payment settled vary quick or in "Real time" between sender and remitter.As soon as process complete the fund will be transfer from one account to another so, there there is no waiting preoid. and gross means there was no grouping of such transaction (RTGS) by bank every RTGS completed individually.
Explanation:
Similar questions