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Money Transfer Archive

What is SWIFT Code? Why is it Important?

SWIFT Code
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 …
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What is IFS Code and its Uses?

IFS Code
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 …
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How to Transfer Money Online through Central Bank of India Internet Banking?

Transfer Money Online through Central Bank of India
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. …
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How to Transfer Money via SBI Instant Money Transfer (IMT)?

SBI Instant Money Transfer
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 …
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What is Instant Money Transfer (IMT)?

Instant Money Transfer
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. …
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How to Generate MMID in SBI?

Generate MMID in SBI
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 …
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How to Transfer Money in SBI without adding Beneficiary?

Transfer Money in SBI without adding Beneficiary
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 …
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How to Transfer Money via SBI ATM to ATM?

Transfer Money via SBI ATM to ATM
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. …
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How to reverse funds transferred via NEFT, RTGS, IMPS to wrong account?

Reverse funds transferred via NEFT,RTGS,IMPS
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               …
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How to transfer money within India from the comfort of your home?

transfer money within India
Wanna transfer money within India to your loved ones or relatives? Do you want to make online payment for the services you are using? Or, do you wanna shop online? Without using cash money, are all these things possible? What …
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