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;

Examples of RTGS in a sentence

  • The INSURANCE COMPANY will issue separate policy on receipt of every RTGS made by RSCB/DCCBs along with all the necessary data/document required for policy issuance and all the terms and conditions governing the Assurance affected under the Scheme.

  • This repayment must be accompanied by a formal repudiation letter and can be made through various methods such as cash, cheque, demand draft (DD), NEFT, RTGS, etc.


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 Real Time Gross Settlement System.
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 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.