Real Time Gross Settlement system (RTGS)
GPTKB entity
Statements (30)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:city
|
| gptkbp:abbreviation |
gptkb:RTGS
|
| gptkbp:acceptsPaymentMethod |
securities settlement
funds transfer |
| gptkbp:adoptedBy |
many countries worldwide
|
| gptkbp:distinctFrom |
net settlement system
|
| gptkbp:example |
gptkb:Fedwire
gptkb:CHAPS gptkb:TARGET2 gptkb:RTGS_India |
| gptkbp:feature |
immediate settlement
no netting operates during business hours reduces settlement risk |
| https://www.w3.org/2000/01/rdf-schema#label |
Real Time Gross Settlement system (RTGS)
|
| gptkbp:origin |
developed in the 1980s
|
| gptkbp:purpose |
settlement of large-value interbank funds transfers
|
| gptkbp:regulates |
gptkb:economic_policy
|
| gptkbp:riskTypeReduced |
systemic risk
settlement risk |
| gptkbp:settlementType |
real-time
final gross |
| gptkbp:transactionFinality |
immediate and irrevocable
|
| gptkbp:usedBy |
central banks
commercial banks |
| gptkbp:usedFor |
high-value transactions
urgent payments |
| gptkbp:bfsParent |
gptkb:HKMA
|
| gptkbp:bfsLayer |
7
|