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प्रश्न
Write a short note on 'RTGS'.
Explain: RTGS
What is RTGS?
संक्षेप में उत्तर
टिप्पणी लिखिए
उत्तर
- Real-time Gross Settlement (RTGS) is an electronic mechanism for interbank transfers of money worth 2 lakhs or more.
- It is a real-time and gross fund transfer system between banks. Settlement in 'Real Time' means no waiting period.
- The transaction is finalised as soon as it has been processed.
- 'Gross' settlement refers to one-on-one transactions that are not paired with others.
- It is a more quick settlement system designed primarily for high-volume payments.
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Notes
Students should refer to the answer according to their questions.
Modes of Transfering Money Online
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
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संबंधित प्रश्न
Write a Short note on IMPS.
Write a short note on NEFT.
Real Time means there is ______.
It is a countrywide system by which an individual, firm or company can electronically transfer funds from any bank branch to another individual, firm or company having an account with any other bank branch in the country.
IMPS stand for ______.
What is IMPS?
Give the full form of RTGS.
Compare and contrast the features of RTGS and NEFT.
List any four features of NEFT.
What are Mobile wallets?
