It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS from 4:30 pm to 6:00 pm. Accordingly, the RTGS time window with effect from June
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RESERVE BANK OF INDIA
www. rbi.org.in
RBI/2018-19/189 DPSS (CO) RTGS No. 2488/04.04,016/2018-19
May 28, 2019
The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS
Madam / Dear Sir,
Real Time Gross Settlement (RTGS) System — Extension of Timings for Customer
Transactions
A reference is invited to September 1, 2015 on ‘Changes in RTGS time window and 4 circular DPSS (CO) RTGS No.1926/04,04.002/2015-16 dated February 4, 2016 on 'RT'3S sevice charges for members
and customers - Rationalisation’.
It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS from 4:30 pm to 6:00 pm. Accordingly, the RTGS time window with effect from June
01, 2019 will be as under:
Sr. No. Event Time 1. Open for Business 08:00 hours 2. Customer transactions (Initial Cut-off) 18:00 hours 3. Inter-bank transactions (Final Cut-off) __ 19:45 hours 4. IDL Reversal 19:45 hours - 20:00 hours 5. End of Day 20:00 hours
The time-varying charges for transactions in RTGS from 13:00 hours to 18:00 hours shall
be Rs. 5 per outward transaction. The time varying charges structure is as under:
Sr. No. Time of Settlement at the Time varying charge per outward Reserve Bank of India transaction From To (in addition to flat processing charge) (exclusive of tax, if any) 1 08:00 hours 11:00 hours Nil 2 After 11:00 hours 13:00 hours % 2.00 3 After 13:00 hours 18:00 hours 75.00 4 After 18:00 hours @ 10.00
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raTet: (91-22) 2264 4995; trac (91-22) 22691557; T7-e-mail - Department of Payment and Settlement Systems, Central Office, 14" Fir, Central Office Building, Shahid Bhagat Singh Road, Fort. Mumbai -
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