| To facilitate safe, secured and efficient interbank payment system, Bangladesh Bank introduced Real TimeGross Settlement (RTGS) system. RTGS is an electronic settlement system where transfer of funds takesplace from one account of a bank to that of another bank on real-time. Real-time refers to transactionsthat do not need any waiting period and will be credited instantly. |
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| Conditions: |
| | Minimum Tk. 1,00,000 (One Lac) per transfer | | Maximum Tk. 5,00,000 (Five Lac) per transfer | | Maximum Tk. 5,00,000 (Five Lac) per day | | Maximum 5 transfer per day |
| | | Tk. 100 per transaction | | (VAT as per govt.rule will be added) |
| | | Starts 10:00 AM | | Ends 3:00 PM | | Holiday is OFF |
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| How to use: |
| Step 1. the clients have to subscribe this service first from the new feature list (displayed just belowof the banner) or from the menu "Our Services". |
| Step 2. Go to menu "Fund Transfer to Other Bank - RTGS" to start fund transfer process. |
| Step 3. Select "From Account", "To Bank", "To Branch", "A/C Type" from corresponding list and put downrecipient name and A/C no. and finally submit. |
| Step 4. Read carefully both "Source Account" and "Destination Account" info and enter transfer amount inTaka, Payment Info and Execution Date and keep processing. |
| Step 5. Next system will show summary information of the client to confirm / verify the information. Ifthe clients confirm the transaction go next to get a SMS to their cell number containing "ONE TIME KEY"and "Transfer ID". |
| Step 6. Provide PIN CODE(Collect from Branch) and One Time Key and submit to complete fund transfer. |
