What is RTGS?

02/11/2020 2 min
What is RTGS?

Listen "What is RTGS?"

Episode Synopsis

Real-Time Gross Settlement (RTGS), is one more option that comes into the picture for online money transfer with the bank account. It is called real-time gross settlement because the transfer happens in real-time and the settlement is not done in batches but on a one by one basis. Currently, the RTGS enabled bank branches in India are up to 1,40,000.https://blog.finology.in/finance/rtgs-real-time-gross-settlement