#2
| |||
| |||
Re: PNB RTGS Form In Excel Format
RTGS (Real Time Gross Settlement) can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). Real Time means the processing of instructions at the time they are received rather than at some later time; Gross Settlement means the settlement of funds transfer instructions occurs individually (on an instruction by instruction basis). Considering that the funds settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable. Time Schedule: (Change In RTGS Timing Wef. 01.06.2019) Service Type Remittance Type Start Time End Time Retail Internet Banking NEFT 6:00 a.m. 6:35 p.m. RTGS 8:00 a.m. 6:00 p.m Mobile Banking NEFT 6:00 a.m. 6:35 p.m Corporate Internet Banking NEFT 6:00 a.m. 6:35 p.m RTGS 8:00 a.m. 6:00 p.m Branch (Within Working Hours) NEFT 8:00 a.m. 6:40 p.m RTGS 8:00 a.m. 6:00 p.m The Amount for RTGS Transactions Minimum Maximum Rs 2 lacs No limit Service Charges for RTGS Charges Applicable W.E.F. 01-07-2019 Payment System Revised Charges Inward Transactions Free Outward Transactions Transaction Value From Branch From IBS/ MBS Rs. 2 lakh to 5 lakh Rs.20.00 + GST NIL Above Rs. 5 lakh Rs.40.00 + GST NIL Information required for Transfer of Funds through RTGS Amount to be remitted Account no. to be debited Name of the beneficiary bank Name of the beneficiary customer Account no. of the beneficiary customer Sender to receiver information, if any |
|