Union Bank Of India Rtgs Form Jun 2026
| Field | What to Enter | |--------|----------------| | Amount (in figures) | e.g., 500000.00 | | Amount (in words) | e.g., Five Lakh Rupees Only | | Purpose of Remittance | e.g., Purchase, Loan Repayment, Advance, etc. |
is a funds transfer system where transactions are settled individually in real-time and on a gross basis (not batched with other transactions). It is used for high-value, time-critical transfers. union bank of india rtgs form
Carefully provide the recipient's name, their bank and branch name, and their account number. | Field | What to Enter | |--------|----------------|
Suppose a customer wants to initiate an RTGS transaction to a beneficiary with account number 1234567890. With the "Auto-Fill Beneficiary Details" feature, the customer can simply enter the account number, and the system will auto-fill the beneficiary's name, address, and other details. Carefully provide the recipient's name, their bank and