- The Central Bank of Egypt revealed that the value of payments executed between banks in local currency on the real-time settlement system amounted to 92.131 trillion pounds during the first 4 months of 2024 for about 811,327 thousand transactions.
- The number of transactions during last January amounted to 202.6 thousand transactions worth 20.6 trillion pounds, while the number of transactions during February 2024 recorded about 203 thousand transactions worth 24.3 trillion pounds, and about 213.7 thousand transactions worth 25.5 trillion pounds during the past, and about 192.2 thousand transactions during April 2024 worth 21.667 trillion pounds.
- The real-time settlement system (RTGS) is used to settle high-importance, large-value payment orders that take place within the country. The real-time settlement system is usually considered the most important payment system within any country, and therefore it is known as one of the payment systems of systemic importance, due to its influence. Extended to many other systems.
- The real-time settlement system is considered a payment system of systemic importance because it operates operations of such large size and importance that the risks surrounding the system are capable of negatively affecting the economy as a whole, and reducing those risks positively affects the efficiency of the circulation of cash liquidity within the economy as a whole.
