RTGS definition

RTGS means real-time gross settlement;
RTGS means real time gross settlement in terms of the regulations and directions issued by the RBI or any regulatory or statutory body;

Examples of RTGS in a sentence

  • Sale of the stock will be made on ex-godown and “As is where is basis” against which 95% of sale proceed has to be deposited within 05 bank working days from the date of Acceptance Letter/Sale Confirmation(excluding the date of sale confirmation)by means of RTGS to Bank Accounts provided by NAFED.


More Definitions of RTGS

RTGS means Real Time Gross Settlement payment method. "Scheduled Maintenance" will include known defect fixes, incident fixes, problem fixes, preventative maintenance and urgent enhancements driven from external change requests.
RTGS means the Philippine Payment Settlement System via Real Time Gross Settlement that allows banks to effect electronic payment transfers which are interfaced directly to the automated accounting and settlement systems of the BSP;
RTGS means Real Time Gross Settlement System.
RTGS are specialist funds transfer systems where the transfer of money or securities takes place from one bank to another on a "real time" and on a "gross" basis.
RTGS means Real Time Gross Settlement system established and operated by the Bank of Jamaica;
RTGS means the real time gross settlement system that is established and operated by the Authority under section 29A(1) of the Monetary Authority of Singapore Act (Cap. 186);
RTGS means the Real Time Gross Settlement System of RBI.