Real time gross settlement (RTGS) System
nounverified· unreviewed·updated Aug 30, 2026
A type of payments system operating in real time rather than batch processing mode. It provides immediate finality of transactions. Gross settlement refers to the settlement of each transfer individually rather than netting. FedwireÒ is an example of a real time gross settlement system.
MWEFederal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary
Classifications
Entity Type
System0%rule-basedmulti_axis_classifier_low_confidence.v1
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Sensitivity
Regulated80%llm-generatedllm:claude-haiku-4-5
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Information Class
—75%llm-generatedllm:claude-haiku-4-5
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Variants
- plural
- Real time gross settlement (RTGS) Systems
- possessive
- Real time gross settlement (RTGS) System's
- pluralpossessive
- Real time gross settlement (RTGS) Systems'