Real Time Gross Settlement (RTGS)

Answer

When time is of the essence, Aman Bank can facilitate Real Time Gross Settlement (RTGS) payments in a secure environment. This payment mechanism will enable funds to be received by the recipient intra-day, rather than the traditional banking system exchanges that occur each night.

It’s the fastest possible money transfer system through the banking channel. Because settlements are made in real time, transactions are not subject to any waiting periods.

All you require to make a RTGS payment is the account details where you want transfer monies to, and if you frequently make payments to this account. Our Business Banking service enables you to save the account information.

This system transfers money with high value at the same time between banks. The Central Bank of Libya has set the value of Bank Transfer to more than 10,000 LYD, with the availability of electronic signatures, data encryption, and enable banks to manage their liquidity and monitor their own transfers.

Our customers

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