Friday, May 15, 2009

RTGS STANDARDISED

The bank customer receiving Real Time Ggross Settlement (RTGS) credit shall be provided with the
name of the remitter in his account statements or passbook. A bank customer sending a RTGS remittance shall be provided with the name of the beneficiary in his account statements/passbook. All RTGS member banks may initiate steps to comply with these instructions latest by June 1, 2009.

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