All about Real Time Gross Settlement(RTGS) and National Electronics Funds Transfer(NEFT)
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Sunday, September 20, 2009
CIBIL-To explore ePayments option.
POS Terminals-An Aid to Impulse Donation’s.
- Tap into the Impulse Emotions.
- Increase the ADPV(Average Donation Per Visitor). A new term coined by me.
- Enhance credibility amongst Visitors, as Donations through POS Terminals, will be accounted for.
- Reflect a Modern Outlook, to Visitors.
- Religious Institutions/Charitable Institutions/Hospitals/NGO’s, saving accouant with the Banks. A sure way to increase the CASA of the Bank.
- Indirect Marketing of the Bank, by way of Bank’s Logo being displayed at the Religious Institutions/Charitable Institutions/Hospitals/NGO’s.
- A simple method to minimize cash handling of Religious Institutions/Charitable Institutions/Hospitals/NGO’s.
Friday, September 18, 2009
ID Holiday for RTGS/NEFT on 21st September, 2009, Monday
ID
RTGS
Sl. No. | Date | Day | Occasion |
8. | September 21, 2009 | Monday | Ramzan ID |
21st September, 2009, Monday is a Holiday for ePayments-RTGS and NEFT in
On a RTGS Holiday, NEFT too is automatically closed.
This means ep will be closed consecutively for 2 days in a row.
Hence, there will be heavy volumes on 22nd September, 2009.
To minimize the inconvenience of the Holidays, viewers might find these tips useful:-
RTGS-
- Execute your Transactions on 19th September, 2009 by 12noon, so, Returns if any, will come back on 19th itself.
NEFT-
- Execute your Transactions on 19th September, 2009 by 10 am, so, Returns if any, will come back on 19th itself.
- There will be only 3 NEFT Settlement Cycles on on 19th September, 2009, as it is a Saturday. The Settlement Cycles will take place at 9.00am, 11.00am and 12.00noon.
- Try to avoid NEFT transactions on 20th and 21st, through Net/Mobile Banking. Such transactions will be in queue and executed only on 22nd. In the meanwhile, if there is a change of plans, it will be difficult to cancel the pending transactions.
Monday, September 14, 2009
Dividend Payouts – ePayment Mode
Sunday, September 13, 2009
Retail Share Market Participants – New ePayments entrants.
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Disclaimer
All efforts have been made to make this information as accurate as possible,
Safe ePayments |