Central Banking

Central Bank of Sri Lanka implements RTGS system

The central bank of Sri Lanka implemented its Real Time Gross Settlement System (RTGS) together with the Automated General Ledger system on Monday. The RTGS system will facilitate large value fund transfers and settlements on an electronic basis in real-time rather than settling at the end of the day.

Source: Sri Lanka Daily News

The Central Bank of Sri Lanka (CBSL) takes another important step forward today (September 8) with the implementation of the Real Time Gross Settlement System (RTGS) t