Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ajay kumar
RTGS is an Electronic Payment Enviornment Processing ,
Where transations process on REAL TIME BASIS & SETTLE on
Gross SETTLEMENT BASIS (Without netting debit against
credit) or one by one basis.
R - REAL
T - TIME
G - GROSS
S - SETTLEMENT
Types of RTGS Transaction:
1. Customer Mode (MT-R41)- Amount Limit - 2 Lacs & Above
2. Interbank Mode (MT (R-42)- Amount Limit - Above Rs One.
Processing Time:
Amount should credit in beneficiary account in 2 hour.
Geographical Area:
Within Boundry means only in India.
Charges:
From 2-5 Lacs -Rs.25/-
Above 5 Lacs - Rs.50/-
Regards
Ajay Kumar
IDBI Bank Ltd
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Tell us what do you believe should be an important quality of an account executive?
What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
which subsidiary book is source of these:debit note,credit slip,
How many accounting standards are currently published?
can any one tell what is the selection proces in cognizant for MBA finance
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
What all are the documents need to check for a supplier payment?
how will decide that vender payment is ok without reco
what's the difference between impress cash account and petty cash account
What Is Responsibility Accounting?
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
how to individual capital account.
give me examples of the accounting reports you have prepared
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
