DPSS (CO) RTGS No.1051 / 04.04.002 / 2010-2011
November 9, 2010
Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS and NEFT
Madam / Dear Sir,
Electronic Funds Transfer Infrastructure in India – Usage of RTGS and NEFT
Please refer to our circular DPSS (CO) RTGS No. 1008 / 04.04.002 / 2010-2011 dated November 3, 2010 on the captioned subject.
2. Based on requests received from the participant member banks, it is clarified that the revised customer charges for the transactions routed through RTGS are applicable for amounts starting from ` 2 lakhs and above.
3. Accordingly, the value band ` 2 lakh to ` 5 lakh will attract a maximum customer charge of ` 25.
Please acknowledge receipt.