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what is the meaning of RTGS?
why & where is it used?
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- Accounting, Bosch, Genie Auto, ICICI, Ing Vysya Bank, I also Faced
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Answer Posted / krishna murthy gm
RTGS means Real Time Gross Settelment which means it can be
used for immediate payment within minutes. EXAMPLE YOUR A/C
IN TWO PLACES YOU CAN TRANSFER FUND FROM ONE A/C TO ANOTHER
BY INTERNET SYSTEM WHICH IS USED BY BANK
| Is This Answer Correct ? | 9 Yes | 2 No |
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