Synchronisation engagement and next steps

The RTGS Renewal Programme continues to explore the demand for introducing synchronised settlement to the renewed service.
Published on 19 June 2019

Following our Call for Interest we published in August 2018, and the workshops held at the Bank earlier this year, we have now published two updates on our synchronisation work: 

Victoria Cleland, Executive Director of Banking, Payments and Innovation described
"Working with industry, we're exploring the exciting potential of synchronisation in RTGS systems. Benefits could include reduced costs and risks in settlement as well as introduce greater speed and efficiency. We’ve set out our latest thinking and want to continue hearing from firms interested in innovation in this space."

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