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Subjects>Business>Accounting

What do you understand by the term RTGS?

Updated: 9/15/2023

Wiki User

∙ 14y ago

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RTGS stands for Real time Gross Sattlement and is used for online transaction of money through various banks.

Wiki User

∙ 14y ago

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What are the drawbacks of the RTGS?

drawbacks of rtgs

Is there anything such as RTGS code?

RTGS means Real Time Gross Settlement

What is the full form of RTGS in Banking Sector?

The full form of RTGS is real time gross settlement.

In bank process what is meant by RTGS?

RTGS in banking means fund transfer from one bank branch to another bank branch in real time with gross settlement.Real Time Gross Settlement is the full form for the RTGS?

What is the full form of RTGS in bank term?

RTGS stands for Real Time Gross Settlement. It is an electronic funds transfer facility available for banking customers in India which can be used to move funds from one account to another. It is used for high value transactions (Usually atleast a few lacs) and the money is usually received the same business day by the target party.

Related questions

Full form of RTGS?

RTGS

What are the drawbacks of the RTGS?

drawbacks of rtgs

Is there anything such as RTGS code?

RTGS means Real Time Gross Settlement

Form of rtgs in union bank of India?

please give the detials of rtgs form

In whose name cheque should be written While doing rtgs?

yourself for RTGS

What is the upper limit of rtgs?

2 lacks is RTGS upper limit. AVIJIT DEBNATH

What is the full form of RTGS in Banking Sector?

The full form of RTGS is real time gross settlement.

What is UTR No in RTGS transfer?

UTR no. means : Unique transaction Reference no. This UTR no. is generated when we raise the request of RTGS in system.

In bank process what is meant by RTGS?

RTGS in banking means fund transfer from one bank branch to another bank branch in real time with gross settlement.Real Time Gross Settlement is the full form for the RTGS?

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How do you track rtgs status by utr no?

Set1stp10w384896

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