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RBI Removes Charges On RTGS, NEFT Transactions

June 6, 2019 by lakshmi Leave a Comment

The Reserve Bank of India Thursday said it has discarded charges on fund transfers through RTGS and NEFT courses to help digital transactions and requested that banks pass on the advantages to clients. RBI Removes Charges On RTGS, NEFT Transactions The Real Time Gross Settlement System (RTGS) is intended for large value immediate fund transfers while the National … [Read more...]

Filed Under: News Tagged With: banks to pass benefits, funds transfer, National Electronic Funds Transfer, NEFT system, NEFT transactions, online money transfer, RBI, Real Time Gross Settlement System, regulatory policies, Reserve bank of India, RTGS

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