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NRBC Rtgs

This document contains terms and conditions for real-time gross settlement (RTGS) transactions. It outlines the bank's disclaimers for rejected transactions and responsibilities. It also specifies cut-off times, charges, liability issues and the ability of the bank to modify terms when needed.

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rtrprantabarman
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6K views1 page

NRBC Rtgs

This document contains terms and conditions for real-time gross settlement (RTGS) transactions. It outlines the bank's disclaimers for rejected transactions and responsibilities. It also specifies cut-off times, charges, liability issues and the ability of the bank to modify terms when needed.

Uploaded by

rtrprantabarman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

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Date

Please Debit My/Our Account No:


Title of the Account
Cell No: Email:

Account Name
Account Number
Bank Name
Branch Narne

Address Line

City
Purpose
Amount (Figure)
Amount (ln words)

Terms and Conditions:

a RTGS Disclaimer: NRBCBank will not be liable for any RealTime Gross Settlement (RTGS) request rejected
by system for the mistal<e/noncompliance of RTGS rules by the originator.
z NRBCBanI< shall have the right to reject any RTGS entry if not fully complied with requirements of
RTGS transaction and the originator is in default, including but not limited to the requirement, to
maintain an adequate account balance or line of credit.
. Bank will not reinitiate any returned entries automatically, but the originator may reinitiate, if
necessary, any returned entry at their discretion following the same RTGS process.
, Banl< will not be liable for any wrong credit to destination Bank account executed based on the data
input (i.e. A/C No, amount, Other Bank information etc.)of the originator.
- Bank will only initiate the RTGS requests received within 3:00 pm, requests received after this cut-off
time will be treated as next working day's instructions and will be processed accordingly.
. NRBCBanI< Bank will not be liable for any delay by the concern bank to credit beneficiary A/c and the
same is also applicable for the reversals.
, Charges may apply for RTGS transaction processing, as instructed by Bangladesh Bank from time to
time, and the same will be realized from the originator's A/C accordingly.
. For any losses due to unauthorized RTGS transaction, the originator/payer must notify in writing to
N RBCBank with in 3 working d ays from th e date of issua nce of the statement of accou nt.

- Originator will bear/accept in case the execution of any RTGS request is delayed due to unavoidable
system nralfunction or some other technical issues.
- Banl< may add or modify the standard terms of conditions, (lf needed).

Signature A/C Holdei SignatureA/CHolder W Authorized Signature

Name of the Contact Person


Position/Designation Telephone No

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