Answer Posted / sajjad rehman
RTGS stand for real Time Gross Settlement its mean transfer of fund in real time and in Gross settlement in this system funds are transfer instantly approx within 2 Hrs to beneficiary's bank account, which is more then 2 Lake,
NEFT stand for National Electronic Fund Transfer in this system funds are transfer in net settlement, its take more time and transferable less then 2 Lakes.this method is mostly adopt by Small Enterprises.
Some bank have this facilities but not all.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.
what is tds rate of WCT applay for sale tax ragistard company.
Explain the word Liquidation
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
What are the major responsibility's of an accountant? what are the qualities he /she requires?
Expand---------EDP
hi guys, pls refer me how to preppare for Indian Bank exams.
i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise
WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?
Short Answer on __________Event
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
If someone knows about the test pattern of Junior executive accounts than please share.
i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?
joint venture?
Explain Cash Basis of accounting
