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A Transaction Reference Number (TRN) in Real-Time Gross Settlement (RTGS) is a unique identifier assigned to each transaction processed through the RTGS system. It helps in tracking and referencing specific transactions, ensuring transparency and accountability in the payment process. The TRN allows both the sender and receiver, as well as financial institutions, to monitor the status of the transaction and resolve any discrepancies if they arise.

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2w ago

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Related Questions

What is the expansion of U T R in RTGS?

Its Unique Transaction Reference


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.


What is the 4 digit reference number for this transaction?

The 4-digit reference number for this transaction is 5738.


What is Utr Number of Sbi?

The UTR (Unique Transaction Reference) number of SBI (State Bank of India) is a unique identifier assigned to each transaction processed through the bank. It helps in tracking and referencing specific transactions, whether they are fund transfers, payments, or other banking activities. The UTR number is typically generated for electronic transactions like NEFT, RTGS, and IMPS, and can be found on the transaction confirmation message or receipt.


What do you understand by the term RTGS?

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


What is meaning of UTR rtgs?

Unique Tax Reference


What is the difference between an authorization number and reference number on a receipt?

An authorization number is typically generated by the credit card issuer to approve a transaction, while a reference number is generated by the merchant to track the specific transaction. The authorization number confirms that the payment will be processed, while the reference number helps identify the transaction in case of any issues.


What is UTR no in RTGS?

A UTR is a Unique Tax Reference this is a 10 digit number given to you upon registering as self employed with the HMRC


What is bank reference number for kcb?

A bank reference number from KCB (Kenya Commercial Bank) is a unique identifier associated with a specific transaction or communication with the bank. This number helps the bank track and process the requested transaction efficiently. The bank reference number can typically be found on receipts, statements, or any communication received from KCB regarding a specific transaction.


You want to check your reference number if its true?

how can icheck online the reference number have realy transaction from moneygram


What is the meaning of inward and outward in banking services for example transaction charges for RTGS to inward and outward?

"Inward" refers to receiving funds, while "outward" refers to sending funds. So, in banking services, transaction charges for RTGS would vary based on whether you are sending money outward (making a payment) or receiving money inward (receiving a payment) through the RTGS system.


How can i track my money gram reference number?

To track your MoneyGram reference number, visit the MoneyGram website or use their mobile app. Enter your reference number along with the sender's last name and the amount sent to view the status of your transaction. You can also contact MoneyGram customer service for assistance. Remember to keep your reference number confidential to protect your transaction.