#1
22nd December 2017, 10:51 AM
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Idbi rtgs
I need to know more about Real Time Gross Settlement (RTGS) payment system offer by IDBI Bank to customers?
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#2
22nd December 2017, 11:38 AM
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Re: Idbi rtgs
I will let you know more about IDBI Bank, Real Time Gross Settlement (RTGS) payment system so that you can go through it. Benefits Speed Guaranteed & Fast settlement of transactions High Liquidity Lowering interest costs Better Funds Management - Ensures optimum planning and utilization of funds Hassle free High Value settlement - Elimination of collections thru physical H/V clearing Reduces Paper work and improves efficiency Eliminates Settlement Risk & Systemic Risk RTGS Card Rates: Inward Transactions: FREE Outward Transactions: a) Rs. 2 lakh to Rs. 5 lakh - Not exceeding Rs. 30 per transaction b) Above Rs. 5 Lacs - Not exceeding Rs. 55 per transaction Timings for Transactions: Cut off timing for Branches: In line with RBIs timelines, transactions can be sent through the RTGS system within following time schedules: Outward Transactions On Weekdays 9:00 Am to 4:15 PM On Saturdays 9:00 Am to 1:00 PM CMS Cut off timings for processing the payment request on the same day: Payment Request CMS Cut off timings for RTGS On Weekdays: (Monday to Friday) Bulk Upload at Customer end 16:00 Hrs Payment request through electronic E-mail / fax 15:30 Hrs On Saturday: Bulk Upload at Customer end 13:00 Hrs Payment request through electronic E-mail / fax 12:30 Hrs Address:- IDBI Bank IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai 400005 Phone:- 1800-200-1947 1800-22-1070 |