Third, it is very likely that the knowledge acquired through experiences with RTGS systems spills over to other central banks and helps them make their adoption decision.
Real-time gross settlement systems (RTGS) are funds transfer systems where transfer of money or securities takes place from one bank to another on a real-time and on gross basis.
Cash is deposited in bank accounts of paper companies or accounts fraudulently and immediately transferred through RTGS to other similar fraudulent accounts.
