With nearly two decades' experience in payments, NETS Real-Time Gross Settlement (RTGS) is designed to achieve sound risk management in the settlement of interbank payments. It also provides a modern and sophisticated solution for implementing real-time gross settlement across a variety of technology platforms.
Why choose NETS RTGS for your business
Eliminates credit risk with real-time settlementNETS RTGS allows transactions to be settled in real-time across accounts held at the Central Bank on a continuous gross basis, thereby eliminating credit risk due to settlement lags.
Easy to introduce and implementWith its web-based architecture and use of open technology, NETS RTGS solution can be configured to meet virtually any operating requirement, making it easy for central institutions to implement nation-wide.
Compatible with SWIFTNet and non-SWIFT networksNETS RTGS is fully SWIFTNet connectible, using the entire suite of SWIFTNet messaging services such as FIN, FIN-Copy, SWIFTNet, InterAct, Browse and FileAct. Participants can choose to leverage their existing SWIFT infrastructure and investments, or deploy NETS RTGS on non-SWIFT networks.
Features a powerful gridlock management suiteThrough our ‘best of breed’ product development, NETS RTGS has developed a rich complement of features, such as a user-friendly and parameter-driven interface which makes it easy to set up and operate. In addition, NETS RTGS can be configured based on user-defined business rules to enable optimum liquidity management and settlement.
Multi-currency enabledOur solution and services have been used in Bahrain, China (Shenzhen), Hong Kong, Indonesia, Malaysia, Singapore and Thailand. NETS has also established a cross-border link with another RTGS system to enable Payment-vs-Payment (PvP) transactions.