RTGS/NEFT will be closed
on 02/07/2012, as on July 2nd RBI is closed due to its
Annual Closing of Accounts.
July 1st,
2012 is a Sunday, so RTGS/NEFT will be closed continuously for 2days.
Being the beginning of the month, there will be huge volumes on 3rd
July. It is advisable to plan any transfer via RTGS/NEFT carefully,
for the next week or so.
Transactions that settle
on T+0 basis cannot be put through on July 2, but markets
participants may be able to do transactions that settle other than on
T+0 basis.
Well, IMPS(Interbank
Mobile Payment Service) will be open and Bank customers will be able
to transfer funds via the IMPS mode. Hm, the surge in volumes will
depend on the publicity around IMPS.
1 comment:
Your prediction is 100% correct, I have transferred on 3rd July 10:00 am through NEFT, but even on July 4th at 11:00am also not received the money though it was posted to RBI on 3rd itself from my originating bank.
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