Hi there,
NEFT/RTGS Heavy Volumes are expected on 03rd April 2010.
1st April and 2nd April 2010 were NEFT/RTGS holidays and folks must have already executed the NEFT transactions through their Net Banking Module. All this transactions will be in the pipe-line and will hit the beneficiary bank in the first settlement of 9.00am or maximum by the 3rd settlement, i.e 11.am batch.
Apart from the transactions executed on the Net Banking, there will be a rush of regular transactions.
This will keep all the concerned personnel in the respective Banks, a bit busy.
All about Real Time Gross Settlement(RTGS) and National Electronics Funds Transfer(NEFT)
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1 comment:
Why cant the transactions been executed on Holidays? Since, its automated should it not be possible to do transactions on Holidays?
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