Real-Time Gross Settlement (RTGS) Services

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Real Time Gross Settlement

RTGS

Discover the convenience of RTGS services at APCOB Bank, where you can securely transfer large sums of money in real-time, ensuring your high-value transactions are processed with
speed and precision.

Features

Uncredited RTGS funds return to the originating bank within one hour or by end of RTGS Business Day.
Delayed payment returns qualify for compensation at current repo rate plus 2%.
Minimum RTGS amount: Rs. 2,00,000/-, no upper limit.
Settlement of funds via RBI is final and irrevocable.
APCOB Bank holds 'A' Type membership from RBI and monitors liquidity for various transactions in the settlement account.