Networks · Central bank RTGS system · run by Bank of England
Bank of England RTGS (RT2)New
The Bank of England's real-time gross settlement service, which holds sterling reserve and settlement accounts and settles payments in central bank money; its renewed core ledger, RT2, went live on 28 April 2025. The Bank is building a synchronisation capability for RT2 so that payments in central bank money can settle together with transfers on external asset ledgers. Not a distributed ledger: it is listed so that synchronisation links to tokenised asset platforms can be shown.
Deployments on Bank of England RTGS (RT2)
Each row is a sourced claim on that deployment's record that it runs on Bank of England RTGS (RT2). Balances are shown where a source gives one for this network.
| Deployment | Status | Assets | Held here | Evidence | Last reviewed |
|---|---|---|---|---|---|
| Bank of England Synchronisation Lab A non-live RT2 environment with its synchronisation capability; participants' own asset ledgers are not named. | Proof of concept | — | A Bank of England[3] | Reviewed 13d ago |
Sources
- [1]Synchronisation — Bank of England. Accessed 16 Oct 2026. Synchronisation orchestrates movements of central bank money between RT2 accounts with transfers on external ledgers, in two stages (earmark, then release)..A
- [2]Bank's renewed RTGS service goes live — Bank of England, 30 Apr 2025. Accessed 18 Oct 2026. The renewed RTGS service, RT2, went live on 28 April 2025..A
- [3]Synchronisation Lab — Bank of England. Accessed 16 Oct 2026. Lists the 18 selected participants; non-live, not a regulatory sandbox, no real-money payments; page last updated 5 August 2026..A
bankofengland.co.uk/payments/rtgs-future-roadmap/what-is-synchro