Real time gross settlement (RTGS) System
nounid
3759·updated May 12, 2026candidate
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.
MWE
Classifications
Entity Type
System0%rule-basedmulti_axis_classifier_low_confidence.v1
Sensitivity
Regulated80%llm-generatedllm:claude-haiku-4-5
Information Class
—75%llm-generatedllm:claude-haiku-4-5
Variants
- plural
- Real time gross settlement (RTGS) Systems
- possessive
- Real time gross settlement (RTGS) System's
- pluralpossessive
- Real time gross settlement (RTGS) Systems'
Framework definitions
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- 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.
Outgoing relationships
No outgoing triples
This term is not the subject of any RDF-style relationship yet.
Incoming relationships
No incoming triples
No other term currently asserts a relationship to this one.