Business Studies, asked by sarangkhatiyan1, 4 months ago

explain electronic banking services RTGS

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Answered by PrincessTeja

5

Answer:

RTGS is defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). ... The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is 2 lakh. There is no upper ceiling for RTGS transactions

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