RTGS

• Real time gross settlement system (RTGS) system is a nationwide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch in real time.
• Above 2 lakhs RGTS
• The Beneficiary gets the credit on real time.
• The essential information viz., Beneficiary details such as Beneficiary Name and Account Number. Name and IFSC of the Beneficiary Bank Branch is to be provided by remitting customer.