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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.

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What is the full form of RTGS in Banking Sector?

The full form of RTGS is real time gross settlement.


What are the emerging trends in bank?

Emerging trends in banking are atm,debit and credit card,internet banking,core banking,mobile banking,NEFT,RTGS,MICR cheques and draft etc.............


What is full form of RTGS in Banking?

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 ISO9362 is related to in contest with banking technology?

RTGS transfer, NEFT transfers, SWIFT transfers, all of them


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.


Full form of RTGS?

RTGS


What are the drawbacks of the RTGS?

drawbacks of rtgs


What is the use of RTGS?

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.


What is meant by RTGs in banking system?

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.


Is RTGS permissible between branches of different banks and Can you transact funds from PNB to Dena bank if both the branches are RTGS enabled?

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. It can be initiated between all banks in India as long as they are registered with RTGS. Both PNB and Dena bank are registered banks with respect to RTGS and you can do it.


Is there anything such as RTGS code?

RTGS means Real Time Gross Settlement