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What happens if there is a technical error during an RTGS transaction?
Curious about RTGS
If there is a technical error during an RTGS transaction, the funds may not be transferred successfully. In such a scenario, the transaction may either get reversed, or the funds may be credited back to the sender's account. It is important to check the status of the transaction after initiating it to ensure that it has been processed successfully. In case of any issues, the sender should contact their bank immediately to get the matter resolved.
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