CLEARING AND

REMITTANCES
 CLEARING HOUSE
 RBI
 SBI
 EMERGING NEW INSTRUMENTS
 EFTPOS
 EFT
 CFMS (CENTRALIZED FUNDS
MANAGEMENT SYSTEM)
 SFMS (STRUCTURED FINANCIAL
MESSAGING SYSTEM)
 RTGS (REAL TIME GROSS
SETTLEMENT)
 MONEY MARKET TRANSACTIONS
 FOREIGN EXCHANGE DEALS
 CAPITAL MARKET AND DEBT INSTRUMENT DEALS
 FUNDS SETTLEMENT AFTER SECURITIES
AUCTIONING
 FUNDS SETTLEMENT AFTER VARIOUS INTERBANK
CLEARINGS
 FUNDS TRANSFER BETWEEN INDIVIDUAL
ACCOUNTS OF THE SAME BANK
 FUNDS TRANSFER BETWEEN INDIVIDUAL
ACCOUNTS OF DIFFERENT BANKS
 BENEFITS
 FOR THE ECONOMY
 FOR THE BANKS
 FOR THE CUSTOMERS
 FOR THE ECONOMY

 REDUCE THE SYSTEMIC RISK

 IMPROVES CONFIDENCE OF OUTSIDE
AGENCIES LIKE WORLD BANK ON
INDIAN ECONOMY
 ENABLES EFFICIENT SETTLEMENTS
AND AVOIDS SETTLEMENT DELAYS
 FOR THE BANKS

 OFFERS IMMEDIATE AND

IRRECOVERABLE SETTLEMENT
 PROVIDES HIGH-VALUE INTRA-BANK
AND INTERBANK FUNDS TRANSFER
 PROVIDES NEW OPPORTUNITIES FOR
FORMULATION OF INNOVATIVE
PRODUCTS
 FOR THE CUSTOMERS

 PROVIDES SOPHISTICATED ONLINE

BANKING SERVICES
 OFFERS RELIABLE HIGH-VALUE FUNDS
TRANSFER
 IMPROVES PERSONAL IMAGE WITH
BENEFICIARY