The Union Bank RTGS (Real Time Gross Settlement) form is the required document for initiating electronic fund transfers of ₹2 lakh and above (up to no maximum limit). Unlike NEFT, RTGS processes transactions individually in real-time, making it the fastest option for large-value settlements.
The Union Bank RTGS (Real Time Gross Settlement) form is the required document for initiating electronic fund transfers of ₹2 lakh and above (up to no maximum limit). Unlike NEFT, RTGS processes transactions individually in real-time, making it the fastest option for large-value settlements.

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