RTGS means Real Time Gross Settlement. It is used for immediate payment w

what is the meaning of RTGS?
why & where is it used?

Question Posted / ramesh

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Accounting, Bosch, Genie Auto, ICICI, Ing Vysya Bank, I also Faced
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Answer Posted / ramesh

RTGS means Real Time Gross Settlement. It is used for
immediate payment which is affect in party account within
minutes.

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