Select Committee · Public Accounts Committee
The Bank of England’s Real-Time Gross Settlement Renewal Programme
Status: Open
Opened: 12 Dec 2025
1 report
The Bank of England (BoE) operates the Real-Time Gross Settlement system (RTGS) underpins UK payment systems including BACS and Visa. It enables high-value sterling payment transfers between financial institutions, processing around £750bn a day. As part of its response to developments such as the establishment of new banks, payment providers, and payment technologies, the BoE …
Reports
| Title | HC No. | Published | Items | Response |
|---|---|---|---|---|
| 78th Report - The Bank of England’s Real-Time Gross Settle… | HC 1732 | 29 Apr 2026 | 0 | Pending |
Oral evidence sessions
| Date | Witnesses | |
|---|---|---|
| 2 Mar 2026 | Dave Ramsden · Bank of England, Nathan Monk · Bank of England, Victoria Cleland · Bank of England | View ↗ |
Correspondence
| Date | Direction | Title |
|---|---|---|
| 14 May 2026 | To cttee | Letter from the Chief Cashier and Senior Advisor to the Governors at the Bank o… |