RTGS charges for customers - revision

RBI has vide its notification dated 4th february, 2016 revised the RTGS charges for bank members and customers alike. The variation in charges for customers which will come into effect from 1st
april, 2016 is as follows:

1) Processing charges per transaction: - There will be a flat processing charge of Rs.0.50 per outward transaction and a time varying charge as follows:

Between 8 to 11 hours - NIL
From 11 hours to 13 hours - Rs.2 per transaction
From 13 hours to 1630 hours - Rs.5 per transaction
After 1630 hours - Rs. 10 per transaction

The time is reckoned as settlement at RBI. All charges are out outward transactions, NONE for inward transaction. All rates mentioned above are exclusive of service tax.

2) The maximum anount that the member can recover from its customer (if it so desires) will remain unchanged as under:

For inward transactions NIL
For outward transactions
Amount between Rs.2 lakhs to Rs.5 lakhs - Rs.25 plus applicable time varying charge, subject to maximum of Rs.30/-
Amount above Rs.5 lakhs - Rs.50 plus applicable time varying charge, subject to maximum of Rs.55/-

The RBI notification is available here i.e. https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=10260&Mode=0