RTGS definition

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

RTGS means Real Time Gross Settlement;

RTGS means real-time gross settlement;

Examples of RTGS in a sentence

• The payment of refund through NACH is mandatory for Bidders having a bank account at any of the centers where NACH facility has been made available by the RBI (subject to availability of all information for crediting the refund through NACH including the MICR code as appearing on a cheque leaf, from the depositories), except where applicant is otherwise disclosed as eligible to get refunds through NEFT or direct credit or RTGS.

More Definitions of RTGS

RTGS means Real Time Gross Settlement System.

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.

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;

RTGS means Real Time Gross Settlement system established and operated by the Bank of Jamaica;