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Home Tech {Breaking} RTGS Platform Now Also Facilitates Settlement Of FCA Accounts
Tech
January 29, 2019

{Breaking} RTGS Platform Now Also Facilitates Settlement Of FCA Accounts

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ZimSwitch (ZIPIT) enabled card placed on top of USD in cash
RTGSBond NotesReserve Bank of Zimbabwe

Real-time Gross Settlement (RTGS) is a fund transfer system where the transfer of money takes place from one bank to any other bank on a “real time” and on a gross basis. Settlement in “real time” means a payment transaction is not subjected to any… Read More About RTGS

Bond Notes are a currency of notes backed by a bond that the Zimbabwe government announced on 4 May 2016 by Reserve Bank of Zimbabwe (RBZ) governor John Mangudya. The $2 denomination of the notes was finally introduced on 28 November 2016. More notes were… Read More About Bond Notes

The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe. Its offices are located at number 80 Samora Machel Avenue in Harare. The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides… Read More About Reserve Bank of Zimbabwe

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