Which of the following statements is NOT correct? Real-Time Gross Settlement (RTGS):
A)is fed by ESA holder's transactions,high value CHESS transactions and Austraclear transactions.
B)settles transactions in the order they arrive in RITS.
C)requires the compilation by the national collator of all obligations that each institution participating to the payments system had that day against the other participants.
D)settles transactions one by one.

Question

Quizplus · Accepted Answer

RTGS does not require the compilation of obligations by a national collator; it settles transactions individually and in real-time as they arrive.

Which of the Following Statements Is NOT Correct? Real-Time Gross