RTGSpõhised

RTGSpõhised refers to systems or technologies that are based on or utilize Real-Time Gross Settlement (RTGS). In the context of financial systems, RTGS is a method of interbank fund transfer where each transaction is settled individually, in real-time, and on a gross basis. This means that payments are not accumulated and settled in batches but are processed and cleared as they occur.

The primary characteristic of an RTGS system is that it eliminates settlement risk. Once a payment is made through an RTGS system, it is final and irrevocable. This significantly reduces the risk that one party in a transaction might default after the other has already fulfilled its obligation. RTGS systems are typically operated by central banks and are crucial for the smooth functioning of a country's payment infrastructure, especially for large-value and time-sensitive transactions.

Examples of RTGS systems include TARGET2 in the Eurozone, Fedwire Funds Service in the United States, and CHAPS in the United Kingdom. RTGSpõhised in Estonia, for instance, would refer to their national payment system that operates on RTGS principles, ensuring the efficient and secure transfer of funds. The implementation of RTGS technologies aims to enhance financial stability by minimizing systemic risk and improving the overall liquidity management for financial institutions.