RTGS Payment Method RTGS is required for the transfer of amount from one account to another via the internet.In RTGS payment use the IFSC code , Bank Name, Branch Name, Beneficiary Name, RTGS form duly signed with sender account holder. Real-time gross settlement ( RTGS ) systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to any other bank on a “real-time” and on a “gross” basis. RTGS systems are typically used for high-value transactions that require and receive immediate clearing. Nowadays when time is of essence, RBI offers, Real Time Gross Settlement (RTGS) payments & Receipts system, a solution for faster and most efficient settlement system for our esteemed customers. This payment mechanism will enable funds to be received by the recipient intra-day, rather than the net settlement system exchanges that occur at the end of the banking hours. The RTGS product would provide the f
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