Real Time Gross Settlement (RTGS)
GPTKB entity
Statements (31)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:city
|
| gptkbp:abbreviation |
gptkb:RTGS
|
| gptkbp:acceptsPaymentMethod |
fund transfer
securities settlement |
| gptkbp:benefit |
increased efficiency
finality of payment reduced credit risk |
| gptkbp:contrastsWith |
net settlement system
|
| gptkbp:currency |
central bank money
|
| gptkbp:example |
gptkb:Fedwire
gptkb:CHAPS gptkb:TARGET2 gptkb:RTGS_India |
| https://www.w3.org/2000/01/rdf-schema#label |
Real Time Gross Settlement (RTGS)
|
| gptkbp:introducedIn |
1980s
|
| gptkbp:ISO20022Code |
gptkb:RTGS
|
| gptkbp:operatedBy |
central banks
|
| gptkbp:operatesIn |
many countries
|
| gptkbp:purpose |
settlement of interbank transfers
|
| gptkbp:reduces |
settlement risk
|
| gptkbp:regulates |
systemic risk
|
| gptkbp:settlementBasis |
gross
|
| gptkbp:settlementSpeed |
real-time
|
| gptkbp:settlementType |
real-time
gross |
| gptkbp:transactionFinality |
immediate
|
| gptkbp:usedBy |
central banks
|
| gptkbp:usedFor |
large-value transactions
urgent fund transfers |
| gptkbp:bfsParent |
gptkb:Payment_and_Settlement_System
|
| gptkbp:bfsLayer |
7
|