Economics · Banking Technology
Which of the following payment systems enables continuous, real-time settlement of funds on an individual order basis without netting?
- 1Immediate Payment Service (IMPS)
- 2Real Time Gross Settlement (RTGS)✓
- 3Telegraphic Transfer (TT)
- 4National Electronic Funds Transfer (NEFT)
Correct answer
Real Time Gross Settlement (RTGS)
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