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 |
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B.
Final transaction takes place at the end of the day |
|
C.
Final payment is physically effected within 24 hrs. |
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D.
Final settlement of funds take place at 3 PM daily |
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Answer : Option A
Explanation :
Explanation Not Provided
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