Mr. Kumar received an SMS alert on his phone, confirming the credit of ₹5 lakh into his account. He immediately dispatched the goods to Rohan, who received them within a day.
Mr. Sharma smiled. “RTGS is not limited to Union Bank. It connects in India through the RBI. As long as the amount is above ₹2 lakh, RTGS is perfect. And it’s free online or low-fee at branches.” rtgs union bank
Maya panicked. Her savings were in a fixed deposit with , but the registration office was in another city. She couldn’t carry cash, and a cheque would take days to clear. It connects in India through the RBI
So if someone ever says “Use RTGS Union Bank” – they mean: send or receive large sums instantly, safely, and finally, using Union Bank’s participation in India’s real-time settlement network. who received them within a day.