Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.


We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap

"Response Regarding RTGS/S2" - Kim Possible Intel Update 1/30/18

Post new topic   Reply to topic

Go down

"Response Regarding RTGS/S2" - Kim Possible Intel Update 1/30/18

Post  Ssmith on Wed Jan 31, 2018 9:00 am


S2 is also called "secondary swift", "swift 2". It used to be listed on the Treasury and Federal Reserve websites.

It is a government to government system of transfer. Further some banks which provide government services also have them. Such as JPM for example as it handles EBT (food assistance cards) for Government. Also any bank which is the correspondent institution for a central bank, such as, Barclays, CITI, Bank of New York, Wells Fargo also have them. Central banks in over 149 countries have them. Has nothing what so ever to do with a "trust validation" and I have used these terminals in South Africa, Angola, Russia, to name a few. It is valid, it does exist. CIPS system is also a transfer system which operates within China and some banks outside of China, it functions with both private banks and/or government transfers as long as the receiving institution has this software also or a compatible system.

RTGS is a "Real Time Gross Settlement System". ALL banks which have branches cross-jurisdiction have these systems. Also card processing for Visa, Mastercard and American Express as their clients use their cards "anywhere in the world". Since banking systems do not talk to each other cross-jurisdiction they use a settlement system which connects them. As an example, if you have an account at HSBC in New York, your account is not visible in HSBC HK. However, bankers in HK can communicate with NYC via an RTGS system. Larger banks have their own proprietary software that does this, smaller ones buy the software from about 34 providers world-wide.

Hope this explains it to you. May I refer you to the person who posted on here an excellent "user friendly" version of this last week complete with diagrams.

-Kim "Possible"

Posts : 18969
Join date : 2012-04-10

View user profile

Back to top Go down

Re: "Response Regarding RTGS/S2" - Kim Possible Intel Update 1/30/18

Post  Kevind53 on Wed Jan 31, 2018 9:28 pm


Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

Super Moderator
Super Moderator

Posts : 27013
Join date : 2011-08-09
Age : 19
Location : Umm right here!

View user profile

Back to top Go down

Back to top

Permissions in this forum:
You can reply to topics in this forum