Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS THE MEANING OF R.T.G.S USING IN A BANK.
- 21 Answers
- 62423 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / naga suresh babu
Real Time Gross Settlement. when money transfer one a/c to
other bank a/c with in a short period of time on the basis
of net banking.And also lower charges applicable for this
transaction.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / rishikesh vishwakarma
First of all RTGS means real time gross settlement which
means u can transfer money above 1 lac to one bank to
another bank easily.....its much better and safier than
demand draft
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / rakesh
rtgs meaning of real time gross settlement .
It is best heavy money transfer for CBSC branches in india .
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sanjeet chakraborty
R.T.G.S MEANING IS REAL TIME GROSS STTALMENT 1 LAKH TO 5
LAKH 25 RUPEE & ABOVE 5 LAKH 50 RUPEE
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / amit
R.T.G.S IS REAL TIME GROSS SETTLEMENT.ITS USED WHEN
TRANSACTION IS MORE THAN RS. 1 LAKH AND ITS DONE WITH IN FEW
MINIUTE FROM ONE A\C TO ANOTHER A\C
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / jai
STANDS FOR REAL TIME GROSS SETTLEMENT WHICH IS MONEY
TRANSFER FROM ONE BANK TO ANOTHER BANK ON RITE TIME. RTGS
MONEY TRANSFER MINIMUM OF RS.2 LAC'S
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ajay kumar
RTGS is an Electronic Payment Enviornment Processing ,
Where transations process on REAL TIME BASIS & SETTLE on
Gross SETTLEMENT BASIS (Without netting debit against
credit) or one by one basis.
R - REAL
T - TIME
G - GROSS
S - SETTLEMENT
Types of RTGS Transaction:
1. Customer Mode (MT-R41)- Amount Limit - 2 Lacs & Above
2. Interbank Mode (MT (R-42)- Amount Limit - Above Rs One.
Processing Time:
Amount should credit in beneficiary account in 2 hour.
Geographical Area:
Within Boundry means only in India.
Charges:
From 2-5 Lacs -Rs.25/-
Above 5 Lacs - Rs.50/-
Regards
Ajay Kumar
IDBI Bank Ltd
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mr. samadhan londhe
REAL TIME GROSS SETTLEMENT. ONLY FOR TRANSFER OF MORE THAN 1
LACKS RUPEES.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / sona bari
real time gross sattlement.means a transferd to money above
1 lacs through d.d to one bank to another bank like rbi
R- REAL
T- TIME
G-GROSS
S- SATEELEMENT
| Is This Answer Correct ? | 0 Yes | 0 No |
What is Trading Account? What is the significance of this account?
what is Profit & Loss Account?
what do u mean by profit prior to incorporation
Do you possess any knowledge about accounting standards?
Types of Invoice ?
Explain what does financial statement of the company includes?
WHAT IS THE ROLE OF BANK CERTIFICATE OF EXPORT AND REALISATION IN EXPORT HOUSE? PLEASE TELL ME WITH DETAIL AND ITS PROCISSOR?
R2R profile required which kinds of work in accounting ?
What is the difference between Loan and Advance?
16 Answers Banking, Syndicate Bank,
Tell me what is the abbreviation for the accounting terms debit and credit?
what is the minimum & maximum amount paid by company per day
define SOX
Audit 
