Discussion :: Banking Awareness
- Real Time Gross Settlement System means a payment system in which
A.
both processing and final settlement of funds transfer instructions can take place continuously |
B.
final transaction takes place at the end of the day |
C.
final payment is physically effected within 24 hours |
D.
final settlement of funds take place at 3 PM daily |
Answer : Option A
Explanation :
Explanation Not Provided
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