Money Transfer Archive
Reserve Bank of India removes charges on NEFT and RTGS to promote digital transactions. RBI announces these as part of its measures for broadening and deepening the financial markets. Key RBI announcements on Charges on NEFT and RTGS to promote …
SWIFT stands for “Society for Worldwide Interbank Financial Telecommunication”. Initially, it was introduced as “SWIFT” but was later standardized as BIC (Business Identifier Codes). It is also known as SWIFT-BIC, BIC code, SWIFT ID or SWIFT code. What is SWIFT Code? It is a unique …
Do you have any clue about IFS Code? That’s correct! Full form of IFSC is “Indian Financial System Code” (IFS code). But, what is it? Why is it so important? Let’s explore. What is IFS Code? IFS Code is an 11-digit …
If you have a CBI Account, get your online banking active. Through online banking, now you can get loads of services and facilities without visiting any of the branches. You can transfer money online through Central Bank of India Internet Banking. …
Instant Money Transfer or IMT is an innovative card less cash withdrawal service. You could use IMT for domestic money remittance. Instant Money Transfer gives you freedom to send money to anybody with a mobile phone only. The receiver can withdraw money from an Axis Bank or …
Instant Money Transfer or IMT is an innovative card less cash withdrawal service. Instant Money Transfer service you can send cash to your relatives or friends instantly, anywhere in India; at a very low cost. You could use IMT for domestic money remittance. …
MMID (Mobile Money Identifier) is a 7 – digit unique number, which your bank will issue on registration. If you want to transfer money through Mobile Number and MMID, you should have MMID. Not only you, but your Beneficiary should …
Now you can transfer money in SBI without adding beneficiary. Isn’t it a great news??? Earlier you had this facility in banks like Axis and Kotak Mahindra, where minimum balance is Rs.10,000.00. Maintaining Rs.10,000.00 a month is a huge amount …
Transfer Money via SBI ATM to ATM is one more way of intra-bank money transfer with ease. However, there is a limitation to it that you can transfer money from SBI ATM or Debit card to SBI debit cards only. …
NEFT, RTGS and IMPS are three ways by which you can transfer money from one bank to another. Out of these three, NEFT and RTGS works only on working hours. However, IMPS is available …
