How does the e-monies NEFT service differ from RGTS and EFT

How does the e-monies NEFT service differ from RGTS and EFT

E-Monies NEFT is an electronic payment system, used to transfer funds to any part of India. It works on ‘net settlement’, unlike RTGS that works on ‘gross settlement’, and EFT which is restricted to only 15 centres.

How does the e-monies NEFT service differ from RGTS and EFT

E-Monies NEFT is an electronic payment system, used to transfer funds to any part of India. It works on ‘net settlement’, unlike RTGS that works on ‘gross settlement’, and EFT which is restricted to only 15 centres.