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 settlement assets, often central-bank money. Some RTGS-like systems incorporate intraday credit, liquidity-saving mechanisms, or pre-funding to support continuous operation, emphasizing speed and certainty while managing liquidity risk.

Differences from a formal RTGS can include scope (for example, limited to certain counterparties or payment types), settlement finality conditions, or the use of occasional netting or batching. RTGS-like systems may serve as transitional forms or as alternatives when full RTGS deployment is impractical, yet they retain many RTGS-like properties.

Applications typically include high-value interbank payments, securities settlement, and other critical transfers. Implementations require robust risk controls, resilient operations, and effective liquidity management. The term reflects ongoing efforts to improve payment velocity and settlement safety without mandating a strictly defined RTGS system.