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Real Time Gross Settlement (RTGS) System

Real Time Gross Settlement System (RTGS) is a type of gross fund transfer system between two banks processed in real-time. The receiving bank settles the transaction without any delay just after the sending bank completes the transfer successfully.

Real Time Gross Settlement System is used when instant clearing is necessary. Generally, RTGS is the instrument for high-valued interbank fund transfers. These types of transfers are organized and supervised by the country’s central bank.

2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB