DTNS System and RTGS System

DTNS System and RTGS System

ISBN13: 9781615206452|ISBN10: 1615206450|EISBN13: 9781615206469
DOI: 10.4018/978-1-61520-645-2.ch004
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MLA

Masashi Nakajima. "DTNS System and RTGS System." Payment System Technologies and Functions: Innovations and Developments, IGI Global, 2011, pp.30-41. https://doi.org/10.4018/978-1-61520-645-2.ch004

APA

M. Nakajima (2011). DTNS System and RTGS System. IGI Global. https://doi.org/10.4018/978-1-61520-645-2.ch004

Chicago

Masashi Nakajima. "DTNS System and RTGS System." In Payment System Technologies and Functions: Innovations and Developments. Hershey, PA: IGI Global, 2011. https://doi.org/10.4018/978-1-61520-645-2.ch004

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Abstract

The DTNS system and RTGS system have their own advantages and drawbacks. The RTGS system is superior in reducing settlement risk. On the other hand, the DTNS system has an advantage on the level of liquidity required for settlement. This means that there is a trade-off between the two systems in terms of risk and efficiency. With knowledge of the pros and cons of the two systems, the most appropriate system should be adopted according to the feature of payments which are processed in the system.

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