Rtgs Cut Off Time Zimbabwe 2024. The reserve bank of zimbabwe has directed banks to extend the time required to process rtgs transactions in order to ease problems being faced by tobacco farmers in. The rbz introduces a new structured currency, zimbabwe gold (zig), backed by gold and foreign exchange reserves, to replace the zimbabwe dollar (zwl) in april 2024.
Rtgs transfers that are initiated after the cut off time or during weekends or public holidays are processed on the next. And now the government has introduced the real time gross settlement (rtgs) dollar, which is being described by some as a new currency.
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