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Real-Time Gross Settlement System (RTGS)

The Real Time Gross Settlement (RTGS) system enables a continuous (real-time) settlement of funds or securities transfers individually or on an order by order basis. The solution as deployed within T24 has a customization and it tailored to customers’ requirements.

Temenos T24 Core banking application has customized solution for RTGS, Temenos RTGS is a large value funds transfer system whereby financial intermediaries can settle interbank transfers for their own account as well as for the account of their customers.

Benefits

  • Facilitates interbank settlements.
  • Real time payment.