RTGS clears payments and then places them in a queue for settlement.
Correct Answer:
Verified
Q17: An example of a direct credit to
Q18: Charge cards are issued by banks to
Q19: Financial institutions such as banks hold funds
Q20: A transaction is an agreement between a
Q21: Real-time gross settlement operates during the business
Q23: The RBA's intraday repurchase agreements facilitate the
Q24: The introduction of explicit fees for the
Q25: The Payments System Board's (PSB)reform of credit
Q26: Banks prefer to hold their liquid assets
Q27: Banks earn no interest on their exchange
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