Home > Term: real-time gross settlement system (RTGS)
real-time gross settlement system (RTGS)
A payment system that settles, in real time, individual payments across central bank accounts. Payments must be secured by funds at the time the payment is made.
- Part of Speech: noun
- Industry/Domain: Software
- Category: Globalization software service
- Company: IBM
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Creator
- Peteh
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