The term ‘RTGS’ basically stands for Real-Time Gross Settlement. It is a form of money transfer wherein one can transfer large amounts of money from one bank to another within a few minutes. Remember that the minimum amount that can be transferred through RTGS is Rs.2 lacs and the transfer will be considered successful only if the beneficiary’s bank also participates in the RTGS system. For more details visit :- https://instantbankaccountopening.blogspot.com/2022/01/what-is-rtgs-money-transfer_31.html
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