Prime Sponsor - FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
I have some doubt regarding RTGS. what is the meaning RTGS so kindly refer me suggestion with suitable examples
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Hello, RTGS full form is Ral Time Gross Settlement.its related to Money Transfer from one bank to other bank, RTGS minimum amount sent is Rs. one lac. Sangeeta
Dear Brothers/Sisters,
RTGS stands for Real Time Gross Settlement, this facility is used to transfer the fund from one account to another account through Internet Banking. When the beneficiary bank receives the messsage of fund transfer, the money is debited to the beneficiary account within 2 hours. The minimum amount for RTGS is Rs. 2 Lakhs and maximum amount is Rs. 5 Lakhs for Retail Banking. The other facility used to money transfer is NEFT ( National Electronic Fund Transfer). There is no minimum amount but maximum amount is Rs. 5 Lakhs for Retail Banking.
Regards,
Deepa Saravanan.
RTGS stands for Real Time Gross Settlement, this facility is used to transfer the fund from one account to another account through Internet Banking. When the beneficiary bank receives the messsage of fund transfer, the money is debited to the beneficiary account within 2 hours. The minimum amount for RTGS is Rs. 2 Lakhs and maximum amount is Rs. 5 Lakhs for Retail Banking. The other facility used to money transfer is NEFT ( National Electronic Fund Transfer). There is no minimum amount but maximum amount is Rs. 5 Lakhs for Retail Banking.
Prime Sponsor - Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.




About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™