InvestorWords.com

RTGS. A system that streamlines that settlement of large-value transactions between banks and other financial institutions. Instead of moving physical amounts of cash, the banks transfer funds electronically. When one bank transfers money to another, the funds are immediately credited to the second bank and debited to the first.

• Installment Sale
• Common Financial Instruments of Forex
• Buying Overseas Property in the UK
• Types of Cash Investments
• The Economy and the Role of the Government
• Introduction to Credit and How to Take Control of It

Featured Advertiser