what is the meaning of RTGS?
why & where is it used?
Answer Posted / pooja shyam sunder purohit
RTGS. A system that streamlines that settlement of large-
value transactions between banks and other financial
institutions. Instead of moving physical amounts of cash,
the banks transfer funds electronically. When one bank
transfers money to another, the funds are immediately
credited to the second bank and debited to the first.
| Is This Answer Correct ? | 14 Yes | 6 No |
Post New Answer View All Answers
What is a Balance Sheet & Profit & Loss Account?
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
what is non stock?
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP
Expand----------SAMC
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
what are the certificates needed at the time of SBI clerical interview?
why would you like to opt nbp
what is the procedure for issuing th C form
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
how many types of financial teribuanal? what is that?
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry