Real-Time Gross Settlement System (RTGS) Definition

Real-Time Gross Settlement System (RTGS)

Definition of what Real-Time Gross Settlement System (RTGS) stands for (in finance):

A network for interbank payment processing that executes gross payments in real-time​

More Term Definitions

• Machine-to-Machine (MM) Definition
• Omni-Channel Banking Definition
• Cryptocurrency Definition
• Asymmetric Encryption Definition
• Exchange-Traded Product (ETP) Definition