“WAVELET” Real time gross settlement systems (RTGS)
For Bank, Financial and Commercials
Our Company “Opus Technology Limited” Real time gross settlement systems (RTGS) “WAVELET”.. It is an Integrated,
Flexible and Affordable car parking Management ideal System for managing RTGS. It can be maintaining efficiently
and reliably provides irrevocable clearing and settlement of financial transactions between Central Banks and
Participants.Or in other word, Real time gross settlement systems (RTGS) are funds transfer systems where transfer
of money takes place from one bank to another on a "real time" and on "gross" basis. Settlement in "real time"
means payment transaction is not subjected to any waiting period.The transactions are settled as soon as they
are processed. "Gross settlement" means the transaction is settled on one to one basis without bunching or netting
with any other transaction. Once processed, payments are final and irrevocable.