What is the meaning of RTGS & its working ?
Answers were Sorted based on User's Feedback
Answer / gangaprasad.a
RTGS means Real time gross setilment, it is used for online
money transfer one account to onther account.
Is This Answer Correct ? | 14 Yes | 0 No |
Answer / jk
The full form of RTGS is Real Time Gross Settlement.Its a type of form for fund transfer of more than Rs.200000/- from one bank to another bank within a very short time period like 1hr to 2hrs in the same country and for 1 or 2 days from one country to other country and this transaction is cleared by RBI within specified working period of bank i.e 3.30pm in India.If amount of fund transfer is less than or equal to Rs.200000/- then the same process is done by NEFT form.
Is This Answer Correct ? | 7 Yes | 0 No |
what will come under debit and credit side in trial balance please give me answer
15 Answers BMCC, Genpact, HF, UNSW,
some example of prepaid expance
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
In the income statement we may get profit or loss but the name of the statement was Profit and Loss account Why it was so?
1 Answers Satyaki Educational Academy,
what is the order in praparing the balance sheet, placing of assets
what is t code of gr/ir report?
Please tell me jurnal entries for input vat and output vat?
for an employee in receipt of hostel allowance for his three children,the maximum annual allowance exempt u/s 10 (14) is
1. RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above.
How would the business ensure that he could not use the business cheque to pay for printing work he ordered for personal use?
state (5) accounting concepts and give 1 example of each
ambar became insolvent a dividend of 50 paise in rupee is received required journal entry for this transaction