Need help on RTGS
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Money got debited but not credited to beneficiary.
What can be done now, or should i wait for some more time.
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Created by : kartikxxx
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Either bank didn't initiate it or the details were wrong, in that case it should have been credited back to your account.
Only your bank can help, tomo being a working day for banks, they will only be able to give the exact reason. RTGS shouldn't take more than 5 min to reflect. If done via branch, they batch few transactions and do it at their liberty hence it can take 1-2 hours.
Posting RBI RTGS FAQs for support in case : https://m.rbi.org.in/scripts/FAQView.aspx...65
Check with your bank tomorrow, something I'd wrong. If it's debited, then it should have got credited to the beneficiary or returned to your account in max 4 hours, they can't keep it pending as it's automated once initiated and debited
Is it RTGS? or they did NEFT by mistake
U should have waited in branch and settled there itself RTGS hardly takes 3-4mins
RTGS is not always instant in reality. NEFT is more reliable than RTGS. In your case the problem most likely is receiver bank. Wait for some time or you will get refund
Bhau, thoda bank me baat kar lijie
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