I have come across this term from investorwords.com.
I feel that I need to share them with you.
Here goes:
I feel that I need to share them with you.
Here goes:
RTGS. A system that streamlines that settlement of large-value transactions between banks and other financial institutions. Instead of moving physical amounts of cash, the banks transfer funds electronically. When one bank transfers money to another, the funds are immediately credited to the second bank and debited to the first.