{"id":3557,"date":"2019-05-31T22:49:30","date_gmt":"2019-05-31T17:19:30","guid":{"rendered":"http:\/\/yourcareerheights.com\/?p=3557"},"modified":"2019-05-31T22:49:31","modified_gmt":"2019-05-31T17:19:31","slug":"real-time-gross-settlement-rtgs-system-extension-of-timings-for-customer-transactions","status":"publish","type":"post","link":"https:\/\/yourcareerheights.com\/?p=3557","title":{"rendered":"Real Time Gross Settlement (RTGS) System \u2013 Extension of Timings for Customer Transactions"},"content":{"rendered":"<div id=\"pl-3557\"  class=\"panel-layout\" ><div id=\"pg-3557-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-3557-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-3557-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-3557-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3>RBI has revised the RTGS time window with effect from <span class=\"head\">June 01, 2019<\/span> as under:<\/h3>\n<table class=\"tablebg\" border=\"0\" width=\"70%\" cellspacing=\"1\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr class=\"head\">\n<td align=\"center\" width=\"10%\">Sr. No.<\/td>\n<td align=\"center\" width=\"45%\">Event<\/td>\n<td align=\"center\" width=\"45%\">Time<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">1.<\/td>\n<td>Open for Business<\/td>\n<td align=\"center\">08:00 hours<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">2.<\/td>\n<td>Customer transactions (Initial Cut-off)<\/td>\n<td align=\"center\">18:00 hours<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">3.<\/td>\n<td>Inter-bank transactions (Final Cut-off)<\/td>\n<td align=\"center\">19:45 hours<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">4.<\/td>\n<td>IDL Reversal<\/td>\n<td align=\"center\">19:45 hours - 20:00 hours<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">5.<\/td>\n<td>End of Day<\/td>\n<td align=\"center\">20:00 hours<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>3. The time-varying charges for transactions in RTGS from 13:00 hours to 18:00 hours shall be \u20b9 5 per outward transaction. The time varying charges structure is as under:<\/p>\n<table class=\"tablebg\" border=\"0\" width=\"75%\" cellspacing=\"1\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td rowspan=\"2\" align=\"center\" width=\"8%\"><span class=\"head\">Sr. No.<\/span><\/td>\n<td colspan=\"2\" align=\"center\"><span class=\"head\">Time of Settlement at the Reserve Bank of India<\/span><\/td>\n<td rowspan=\"2\" align=\"center\" width=\"47%\"><span class=\"head\">Time varying charge per outward transaction<br \/>\n(in addition to flat processing charge) (exclusive of tax, if any)<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"center\" width=\"23%\"><span class=\"head\">From<\/span><\/td>\n<td align=\"center\" width=\"22%\"><span class=\"head\">To<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">1<\/td>\n<td align=\"center\">08:00 hours<\/td>\n<td align=\"center\">11:00 hours<\/td>\n<td align=\"center\">Nil<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">2<\/td>\n<td align=\"center\">After 11:00 hours<\/td>\n<td align=\"center\">13:00 hours<\/td>\n<td align=\"center\">\u20b9 2.00<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">3<\/td>\n<td align=\"center\">After 13:00 hours<\/td>\n<td align=\"center\">18:00 hours<\/td>\n<td align=\"center\">\u20b9 5.00<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">4<\/td>\n<td align=\"center\">After 18:00 hours<\/td>\n<td align=\"center\"><\/td>\n<td align=\"center\">\u20b9 10.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: rbi.org.in- (https:\/\/www.rbi.org.in\/Scripts\/NotificationUser.aspx?Id=11564&amp;Mode=0)<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>RBI has revised the RTGS time window with effect from June 01, 2019 as under: Sr. No. Event Time 1. Open for Business 08:00 hours 2. Customer transactions (Initial Cut-off) 18:00 hours 3. Inter-bank transactions (Final Cut-off) 19:45 hours 4. IDL Reversal 19:45 hours &#8211; 20:00 hours 5. End of Day 20:00 hours 3. The&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[38,45,614,139],"tags":[3,616,40,615],"class_list":["post-3557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-rbi","category-rtgs","category-treasury-management","tag-banking","tag-neft","tag-rbi","tag-rtgs"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2019\/04\/Currency-Chest.jpg?fit=800%2C400&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/3557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3557"}],"version-history":[{"count":1,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/3557\/revisions"}],"predecessor-version":[{"id":3558,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/3557\/revisions\/3558"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/3464"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}