#RTGS

Real-time gross settlement is the electronic free-for-all where banks mercilessly shove funds at each other with zero forgiveness window. At the flick of a transfer instruction, reversal and reprieve are outlawed as payment engines unleash cascades of cash. Interbank trust hangs by a thread while balances teleport instantly. Users are sentenced to everlasting suspense in the name of “real time.” A cruel infrastructure reminding us that any buffer for tomorrow is but a comforting illusion.