How does signal travel for a rtgs
RTGS stands for Real Time Gross Settlement. It is an electronic funds transfer system available in India through the Reserve Bank of India. It is used for transfer of large sums of money (Usually greater than 10 lakhs) between bank accounts in India.
Real time settalment
in India there is every brand that there is here(well almost) but they are not real
Real time gross settlement systems (RTGS) are a funds transfer mechanism where transfer of money takes place from one bank to another on a "real time" and on "gross" basis. Settlement in "real time" means payment transaction is not subjected to any waiting period. The transactions are settled as soon as they are processed. "Gross settlement" means the transaction is settled on one to one basis without bunching with any other transaction. Once processed, payments are final and irrevocable.
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.
All Bank Branches of State Bank of India are now enabled for RTGS(Real Time Gross Settlement) Transactions.
its not gross its real!!
It refers to Real Time Gross Settlement It is a service offered by the Reserve Bank of India to process high value cash transactions safely between two accounts.
RTGS stands for Real Time Gross Settlement. It is an electronic funds transfer system available in India through the Reserve Bank of India. It is used for transfer of large sums of money (Usually greater than 10 lakhs) between bank accounts in India.
Get Real grossed $1,152,411 worldwide.
Real time settalment
Get Real grossed $1,152,411 in the domestic market.
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