Real Time Gross Settlement (RTGS) System - Extension of Timings for Customer Transactions - ఆర్బిఐ - Reserve Bank of India
Real Time Gross Settlement (RTGS) System - Extension of Timings for Customer Transactions
RBI/2018-19/189 May 28, 2019 The Chairman / Managing Director / Chief Executive Officer Madam / Dear Sir, Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions A reference is invited to circular DPSS (CO) RTGS No.492/04.04.002/2015-16 dated September 1, 2015 on ‘Changes in RTGS time window’ and circular DPSS (CO) RTGS No.1926/04.04.002/2015-16 dated February 4, 2016 on ‘RTGS service charges for members and customers - Rationalisation’. 2. It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS from 4:30 pm to 6:00 pm. Accordingly, the RTGS time window with effect from June 01, 2019 will be as under:
3. The time-varying charges for transactions in RTGS from 13:00 hours to 18:00 hours shall be ₹ 5 per outward transaction. The time varying charges structure is as under:
4. This directive is issued under Section 10 (2) read with Section 18 of Payment and Settlement Systems Act 2007 (Act 51 of 2007). Yours faithfully, (Sangeeta Lalwani) |