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Address: Head Office, New Tehri, Uttarakhand-249001    tgdcbt@gmail.com

RTGS

RTGS

Real Time Gross Settlement(RTGS) refers to fund transfer systems in which the transfer of money or securities takes place from one bank to another on a 'real time' and on 'gross' basis. In Real Time settlements, payment transaction is not subjected to any waiting period.


The transactions are settled as soon as they are processed. 'Gross settlement' means that the transaction is settled on one to one basis without netting with any other transaction.


Tehri Garhwal Zila Sahkari Bank LTD. undertakes transfer of funds with the minimum amount of transfer to the accounts maintained by you to any bank branches in India instantly by RTGS through major Commercial Banks.

Key Points

  • RTGS refers to fund transfer systems
  • Transaction is not subjected to any waiting period.
  • Transactions are settled as soon as they are processed.
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