Search: RTGS
RBA Glossary definition for RTGS
RTGS – Real-time gross settlement. A payment system in which processing and settlement take place in real time (continuously).
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Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
Further, the RTGS system will not remove normal credit risks between banks and their customers. ... It is true that unsettled payment system exposures will be less of a problem with RTGS.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html
Figure 8.1 | Submission to the Financial System Inquiry – March 2014
19 Mar 2019
Submissions
In 2013, RITS settled approximately. 1 billion worth of interbank obligations on an RTGS basis on average each day;.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/graphs/figure-8.1.html
Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
RMBS. Residential mortgage-backed securities. RTGS. Real-time gross settlement. RTPC. Real Time Payments Committee.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html
The Next Ten Years | Supplementary Submission to the Financial System Inquiry – 13 January 1997 | Financial Sector | Submissions
13 Jan 1997
Submissions
Finally, the introduction of Real-Time Gross Settlement (RTGS) in virtually all developed economies, including Australia, will virtually eliminate settlement risk on high value transactions. ... Systemic financial crises invariably result from credit risk
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/next-ten-years.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
It owns, operates and participates in Australia's RTGS system, the Reserve Bank Information and Transfer System (RITS). ... In contrast, since RITS is an RTGS system, it prevents the build-up of unsettled obligations, significantly reducing interbank
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
Innovation and Technological Change in Financial Intermediation and the Payments System | Supplementary Submission to the Financial System…
13 Jan 1997
Submissions
A major project is under way to move high-value electronic payments to a real-time gross settlement (RTGS) basis, by which payments would be settled across ESAs as they occur. ... It is certainly true that such exposures cannot arise with accounts
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/innovation-and-technological-change-in-financial-intermediation.html