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Procurement System Government of India Page 1 of 3eProcurement System Government of India Tender Details Date : 01Sep2022 12:39 PM PrintBasic Details Organization Chain Indian Institute of Information

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Individuals or entities looking to make real-time gross settlement payments through the banking system need r-t-g-s.

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What is r-t-g-s?

RTGS stands for Real Time Gross Settlement, it is a payment system that allows real-time settlement of fund transfers.

Who is required to file r-t-g-s?

Banks, financial institutions, and large corporations are required to file RTGS for fund transfers.

How to fill out r-t-g-s?

RTGS can be filled out electronically through the designated platform provided by the central bank or financial institution.

What is the purpose of r-t-g-s?

The purpose of RTGS is to facilitate quick and secure fund transfers between parties in real-time.

What information must be reported on r-t-g-s?

RTGS must include details such as the transfer amount, sender's information, recipient's information, and reason for the transfer.

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