“,” he explained. “It’s a system where funds are transferred from one bank to another instantly and one-on-one . No waiting. No netting. The moment we send it, the receiving bank gets the ‘gross’ amount in real time.”
Mr. Sharma smiled. “RTGS is not limited to Union Bank. It connects in India through the RBI. As long as the amount is above ₹2 lakh, RTGS is perfect. And it’s free online or low-fee at branches.” rtgs union bank
Maya breathed a sigh of relief. “So RTGS is like a wire transfer on steroids?” “,” he explained
“What’s that?” she asked.
She rushed to her local Union Bank branch. The manager, Mr. Sharma, saw her distress. saw her distress. “Ma’am
“Ma’am, calm down. You need ,” he said.