what is RTGS? what is the maximum limit of amount
stipulation for RTGS transaction?
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Answer Posted / h.r. sreepada bhagi
RTGS - 'Real Time Gorss Transfer' is the fund transfer
mechanism used in banks, where in the beneficiary's
(Transferee) a/c gets the money credited on the same day if
money is transferred with in the specified business hours.
The minimum amount at present is Rs. 1,00,000/-
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