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How does RTGS ensure the safety of my funds during transfer?
Curious about RTGS
RTGS transfers are considered one of the safest methods of fund transfer in India because they are processed in realtime, ensuring quick and secure transfer of funds between bank accounts. The system is highly secure and uses encryption technology to protect the transaction data from being intercepted or altered during the transfer process.
Additionally, RTGS transactions are conducted through the secure network of RBI, which acts as a centralized payment gateway for all RTGS transactions. This ensures that the transfer of funds is done in a safe and secure manner.
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