RTGS Stands For

1
What is RTGS Stands For

• Best payment Gateway in India

2
What is RTGS? Whats RTGS Stands For

• RTGS Stands For Real Time Gross Settlement.
   Real Time means the processing of instructions
  at the time they are received Gross Settlement
  means that the fund transfer occurs individually.
• This is a type of fund settlement process that is
  used for bank transfers that are high-value. This
  is because the minimum transaction amount is INR
  2 lakh.

3
Features of RTGS 

• Some of the key features of RTGS include 
• Real-time online fund transfer
• Suited for high-value transactions ie above Rs. 2
  lakhs 
• Safe and secure, with RBIs backing
• Quick settlement and takes only up to 2 hours to
  reflect at the beneficiarys end
• Available 247 

4
What is the RTGS Funds Transfer procedure?

• The RTGS (Real-Time Gross Settlement) funds
  transfer procedure is a real-time money transfer
  system that facilitates large-value interbank
  transactions. It involves the immediate transfer
  of funds from one bank to another on a gross
  basis, which means that transactions are settled
  individually and not bundled with others. The
  process is highly secure and fast, with
  transactions usually being settled within a few
  hours.

5

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