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Tuesday, Aug 17, 2004

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Money & Banking - Information Technology


SBT offers RTGS facility

Our Bureau

THIRUVANANTHAPURAM: The State Bank of Travancore (SBT), which went live with Real Time Gross Settlement (RTGS) on high-value bank-to-bank remittances in July this year, has now started offering this facility to its customers, says a bank press release.

All SBT branches in Mumbai and four branches in Thiruvananthapuram, including the Thiruvananthapuram `Main' and SSI branches, have commenced handling RTGS remittances for customers, the release adds.

Using this service, customers can transfer funds to any RTGS-enabled bank branch in the country and have the funds credited within a maximum of two hours, the release says.

More Stories on : Information Technology | Public Sector Banks | Kerala

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