RTGS
- REAL TIME GROSS SETTLEMENT
- By utilizing RTGS system of payment – for making as well as receiving payment – to / from customers.
- RTGS system is a payment platform where instructions between Banks are processed and settled individually and continuously through the day. It is an Electronic clearing system in which both processing and final settlement happen real time. Funds can be transferred or received to / from any branch of any bank in India which is RTGS member, within two hours.
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