NEFT / RTGS The acronym 'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers Individually on an order by order basis (without netting Considering that the funds settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable. Free download game real football 2012. National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporate to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. Eligibility The customers of any branch of Bank having savings or current account are eligible to avail NEFT/ RTGS Service. Timings and Fund Transfer Limit.

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