# RTGS system (real-time gross settlement system)

- Canonical URL: https://www.gerhardmerk.de/rtgs-system-real-time-gross-settlement-system
- Post ID: 587820
- Modified: 2023-07-25T21:14:26+00:00
- Language: en

## Definition

Payment system in real time, meaning that each transaction is continuously processed and settled in real time (settlement system in which processing and settlement take place on a transaction-by-transaction basis in real time). - See gross settlement system, clearing house, automatic, capital transfer system, electronic, retail payment system, electronic, TARGET system. - Cf. Deutsche Bundesbank Monthly Report of September 2005, pp. 45 ff. (detailed presentation of payment systems; p. 50: important comparison of systems with their advantages and disadvantages). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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