United Kingdom · Question · Written question
UIN 89516
Electronic Funds Transfer
Introduced
8 December 2021
Last action
13 December 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
13 December 2021
Summary
To ask the Chancellor of the Exchequer, how many (a) Treasury officials and (b) other individuals are engaged in work on the replacement for the Real Time Gross Settlement System.
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Timeline
8 December 2021
Written question
To ask the Chancellor of the Exchequer, how many (a) Treasury officials and (b) other individuals are engaged in work on the replacement for the Real Time Gross Settlement System.
Source: Commons
13 December 2021
Answer
The Real-Time Gross Settlement (“RTGS”) service is the infrastructure that holds accounts for banks, building societies and other institutions at the Bank of England (“the Bank”). The balances in these accounts can be used to move money in real time betwe...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-12-08/89516
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1386360
- uk · wq-1386360 · source updated 13 December 2021