real-time gross settlement system

real-time gross settlement system
/ˌrɪəl taɪm grəυs 'set(ə)lmənt ˌsɪstəm/ noun
an international system for making computerised transfers of money.
Abbreviation RTGS system

Dictionary of banking and finance. 2015.

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  • real-time gross settlement system — ( RTGS / RBTR) Euroclear Clearing and Settlement glossary Settlement system in which occurs the continuous ( real time) settlement of funds or securities transfers individually on a transaction by transaction basis (without netting). Euroclear… …   Financial and business terms

  • real-time gross settlement system — (RTGS / RBTR) Settlement system in which occurs the continuous (real time) settlement of funds or securities transfers individually on a transaction by transaction basis (without netting) …   Euroclear glossary

  • Real Time Gross Settlement — systems (RTGS) are a funds transfer mechanism where transfer of money takes place from one bank to another on a real time and on gross basis. Settlement in real time means payment transaction is not subjected to any waiting period. The… …   Wikipedia

  • Real-Time Gross Settlement payment system — Real Time Gross Settlement (RTGS) payment system International A payment system through which transactions are processed and settled continuously (in real time ) rather than being deferred to the end of the trading day. Each transaction is… …   Law dictionary

  • real-time gross settlement payment system — Real Time Gross Settlement (RTGS) payment system International A payment system through which transactions are processed and settled continuously (in real time ) rather than being deferred to the end of the trading day. Each transaction is… …   Law dictionary

  • Real Time Gross Settlement payment system — Real Time Gross Settlement (RTGS) payment system International A payment system through which transactions are processed and settled continuously (in real time ) rather than being deferred to the end of the trading day. Each transaction is… …   Law dictionary

  • real time gross settlement payment system — Real Time Gross Settlement (RTGS) payment system International A payment system through which transactions are processed and settled continuously (in real time ) rather than being deferred to the end of the trading day. Each transaction is… …   Law dictionary

  • Real-Time Gross Settlement (RTGS) payment system — International A payment system through which transactions are processed and settled continuously (in real time ) rather than being deferred to the end of the trading day. Each transaction is settled individually rather than on a net basis and… …   Law dictionary

  • real-time gross settlement (RTGS) payment system — International A payment system through which transactions are processed and settled continuously (in real time ) rather than being deferred to the end of the trading day. Each transaction is settled individually rather than on a net basis and… …   Law dictionary

  • real time gross settlement (RTGS) payment system — International A payment system through which transactions are processed and settled continuously (in real time ) rather than being deferred to the end of the trading day. Each transaction is settled individually rather than on a net basis and… …   Law dictionary

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