THERE are different types of funds transfer services and it is important for bank customers to understand the differences and implications. Fund transfer is when you send money to person or ...

Step 3: Now, select the NEFT option that pops up on the funds’ transfer page. Step 4: Choose from the list the name of the beneficiary to transfer funds to his account.

NEFT and IMPS are two widely used methods for fund transfer by the business. Here's a comparison between the two to help you better judge and choose which one is suited best for your business.

Fund transfer via RTGS and NEFT is now set to become cheaper. This comes after the Reserve Bank of India has decided not to impose any charges on such transactions. RBI has also asked the banks to ...

India Business News: Starting December 16, you can now transfer money online, using the National Electronic Fund Transfer (NEFT) system at any time of the day, all through ...

NEFT online fund transfer to get faster from July 10 as settlement frequency doubles The Reserve Bank of India has decided to reduce clearance time for online money transfers using the NEFT ...

Also Read: Fund transfer via RTGS, NEFT set to get cheaper from tomorrow Repo rate is the interest rate at which the RBI lends money to banks. The repo rate cut is a great incentive for borrowers ...

Fund transfer through RTGS and NEFT systems is set to become cheaper from Monday after the Reserve Bank of India decided it will not impose any charges on such transactions.

You can use NEFT for bulk transfer, which is funds transfer to many recipients at the same time. However, NIP can be used only to transfer money to one or two people at the same time.

Fund transfer through RTGS and NEFT systems is set to become cheaper from July 1 after the Reserve Bank of India decided it will not impose any charges on such transactions.