NEFT

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WHAT IS NEFT SYSTEM? Ans: National Electronic Funds Transfer (NEFT) system is a nation wide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch. Q. 2. ARE ALL BANK BRANCHES IN THE SYSTEM ...

National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS) allow individuals, companies and firms to transfer funds from one bank to another. You can check the RBI website for a list of NEFT and RTGS-enabled branches ...

Hi, I have transferred a sum of 200000 from my citi bank account (A/C: 5751378809) (IFSC: CITI0000004) to one of my friend's State bank of Hyderabad.


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