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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.


What kind of payment system used in Cambodia like RTGS and NEFT in India?

The payment system used in Cambodia like RTGS and NEFT in India is Patent Tax and Stamps.


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 are the advantages and disadvantages of RTGS?

There are a few advantages and disadvantages of the RTGS system. One of disadvantages are the gross system been at risk of gridlock from not having enough money. The advantage is having the savings in money to support any payment transaction.


Full form of RTGS?

RTGS


What are the drawbacks of the RTGS?

drawbacks of rtgs


How do you download rtgs application form State bank of India?

Through PDF


Is there anything such as RTGS code?

RTGS means Real Time Gross Settlement


In whose name cheque should be written While doing rtgs?

yourself for RTGS


Form of rtgs in union bank of India?

please give the detials of rtgs form


What is the upper limit of rtgs?

2 lacks is RTGS upper limit. AVIJIT DEBNATH


What is the minimum limit of rtgs?

The minimum limit for Real Time Gross Settlement (RTGS) transactions varies by country. In India, for example, the minimum amount that can be transferred through RTGS is ₹2 lakh. Other countries may have different thresholds, so it's essential to check with the specific financial institution or regulatory authority for accurate information.