UTR stands for what in banking systems?
UTR means what in banking systems. Elabrote the full form of UTR.
- 1 decade agoFavourite answer
a unique no. generated for every transaction in RTGS system
UTR is a 16 digit Alpha-Numeric code, the first 4 digits contains the Bank Code in alphabets, 5th one meant for the message code, 6th & 7th mentions the year, 8-10th mentions Julian Date (No. of
days in the calendar year are reckoned as the basis to arrive at the date of remittance) and
the last 6 digits mentions day’s serial no. of the message.
- SandraLv 45 years ago
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pretty much the US is screwed because the people who run the banks have all the money and the people of this country aren't doing anything about it. they're too busy watching American Idol. People are fine with the fact that their country is going to s*** as long as it doesn't effect them which it wont right away. Now all this stuff is starting to effect people but they're too afraid to do anything about it. "oh those people in the government will figure something out". WELL THEY WONT you gotta stand up for what you believe in and let your opinion be heard or else people with power will step on you because no ones complaining about it. kinda off topic but i felt like ranting
- Anonymous4 years ago
Utr MeaningSource(s): https://shrinke.im/a8mCu
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- Anonymous6 years ago
utr stands banking systems: https://tinyurl.im/e/utr-stands-for-what-in-bankin...
- Ajay SharmaLv 41 decade ago
UTR = Unique Transaction Reference
When bankers transact they have to give a transaction number that is called UTR No.Source(s): My knowledge.