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

  • Successful Bidder can submit the Performance Security in the form of Payment online through RTGS / internet banking also (besides PBG which is allowed as per GeM GTC).

  • The editable format of RTGS form is also available in http://www.iiserbpr.ac.in/download-forms.php in S&P tab.

  • 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.

  • Funds Transfer shall be effected only if the recipient/destination Bank/Branch is participating in RTGS/ NEFT.It is the responsibility of the Investor to ensure the correctness of the message especially the IFSC code of the recipient / destination branch & account number.

  • ABSLAMC will endeavor to credit the redemptions/dividend payouts directly to the designated Bank A/c of the unitholders of Aditya Birla Sun Life Mutual Fund schemes through any of the available electronic mode (i.e. RTGS/ NEFT/ Direct Credit/ NECS/ ECS).


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 system established and operated by the Bank of Jamaica;
RTGS means interbank funds transfer under Real Time Gross Settlement.