Real-time gross settlement system
From ACT Wiki
(RTGS).
Funds transfer.
A gross settlement system in which processing and settlement take place in real time (continuously).
See also
- BESP
- Clearing House Automated Payment System (CHAPS)
- Continuous linked settlement (CLS)
- EONIA
- Fedwire
- Gross settlement system
- Immediate Payment Service (IMPS)
- Interlinking
- Net settlement system (NSS)
- Payments and payment systems
- Real-time
- Real-time transmission, processing or settlement
- Settlement account
- T2
- Trans-European automated real-time gross settlement express transfer
- Uptime
