Need help on RTGS

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kartikxxx
Today in the morning i did 1 rtgs transaction via bank  branch.
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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Pro Entertainer Pro Entertainer
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Deal Subedar Deal Subedar
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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.

Deal Cadet Deal Cadet
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delete

Pro DealBaba Pro DealBaba
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?

Deal Cadet Deal Cadet
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Amount
Less or greater than 2 lac
Pro DealBaba Pro DealBaba
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Greater, does it matter!

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Crowdpuller Crowdpuller
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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

Benevolent Benevolent
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Is it RTGS? or they did NEFT by mistake

U should have waited in branch and settled there itself RTGS hardly takes 3-4mins

Pro DealBaba Pro DealBaba
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It was rtgs.

Finance Mentor Finance Mentor
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Visit branch and inquire physically next working day if still not credited...

Pro DealBaba Pro DealBaba
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That's the only option available it seems.

Commentator Commentator
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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

Tech Guru Tech Guru
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Bhau, thoda bank me baat kar lijie

Crowdpuller Crowdpuller
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Did you go and find out @kartikxxx ?

Pro DealBaba Pro DealBaba
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Not yet(out of town) will go on monday.
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