RTGS definition

RTGS means real-time gross settlement;
RTGS means real time gross settlement in terms of the regulations and directions issued by the RBI or any regulatory or statutory body;

Examples of RTGS in a sentence

  • Participants which are not AS shall hold at least one MCA with the NBB and may also hold one or more RTGS DCAs, T2S DCAs and/or TIPS DCAs with the NBB.

  • Upon the request of the participant the NBB shall create a billing group to allow its members to benefit from the degressive pricing applicable to RTGS DCAs. The billing group may only include RTGS DCA holders belonging to the same banking group, from one or more TARGET component systems.


More Definitions of RTGS

RTGS means Real Time Gross Settlement payment method. "Scheduled Maintenance" will include known defect fixes, incident fixes, problem fixes, preventative maintenance and urgent enhancements driven from external change requests.
RTGS means the Philippine Payment Settlement System via Real Time Gross Settlement that allows banks to effect electronic payment transfers which are interfaced directly to the automated accounting and settlement systems of the BSP;
RTGS means Real Time Gross Settlement System.
RTGS are specialist funds transfer systems where the transfer of money or securities takes place from one bank to another on a "real time" and on a "gross" basis.
RTGS means Real Time Gross Settlement system established and operated by the Bank of Jamaica;
RTGS means the real time gross settlement system that is established and operated by the Authority under section 29A(1) of the Monetary Authority of Singapore Act (Cap. 186);