RTGSliknande
RTGSliknande, or RTGS-like, is a term used to describe payment systems or arrangements that aim to reproduce the core features of Real-Time Gross Settlement (RTGS). In RTGS-like setups, payments are processed and settled in real time with finality, and funds are transferred immediately between participants. However, such systems may not meet every formal criterion of an official RTGS platform, such as continuous operation or mandated central-bank designation.
Common characteristics include real-time processing, settlement finality for individual transactions, and the use of highly liquid
Differences from a formal RTGS can include scope (for example, limited to certain counterparties or payment
Applications typically include high-value interbank payments, securities settlement, and other critical transfers. Implementations require robust risk