Cryptocurrency Q&A
How does RTC payment work?
How does RTC payment work?
BonsaiStrength
Tue Nov 26 2024
|
7 answers
1997
I would like to understand how RTC payment operates. Specifically, I'm interested in the process, the requirements, and any other relevant details about how this payment method functions.
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7 answers
CryptoProphet
Thu Nov 28 2024
An RTC transaction represents a specific type of electronic payment within the banking system.
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Raffaele
Wed Nov 27 2024
The destination of these funds is the account of a beneficiary.
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Carolina
Wed Nov 27 2024
This transaction is initiated by the payer, who issues an instruction to the paying bank.
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Dario
Wed Nov 27 2024
The paying bank plays a crucial role in facilitating this transaction.
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Leonardo
Wed Nov 27 2024
Upon receiving the payment instruction, the paying bank ensures that the beneficiary's account is credited within 60 seconds.
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