There is no upper limit for Real-Time Gross Settlement (RTGS) transactions in Pakistan. However, there is a minimum limit.
In Pakistan, RTGS facilitates the electronic transfer of funds between banks in real-time and on a gross basis. This means transactions are settled individually and immediately, offering a fast and secure method for transferring large sums of money.
Key Points about RTGS in Pakistan:
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No Upper Limit: You can transfer any amount via RTGS above the minimum threshold, without being restricted by an upper ceiling.
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Minimum Limit: The minimum amount that can be remitted through RTGS is PKR 100,000.
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Real-Time Settlement: Transactions are settled immediately, reducing settlement risk.
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Gross Settlement: Each transaction is settled individually, ensuring finality.
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Secure and Efficient: RTGS is a secure and efficient method for high-value payments.
Therefore, when considering using RTGS in Pakistan, remember there is no maximum transaction amount, but you must transfer at least PKR 100,000.
