Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The national electronic funds transfer ...

NEFT (National Electronic Fund Transfer) is a handy way to speedily transfer money and there's good news for NEFT users as they can now use the facility 24x7. Reserve Bank of India (RBI) has allowed ...

NEFT is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis, which settles transactions in batches. You must have heard about NEFT, RTGS and IMPS earlier also, ...

The Reserve Bank of India has decided to reduce clearance time for online money transfers using the NEFT (National Electronic Funds Transfer) mechanism by increasing the settlement frequency to every ...

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 persons ...

The National electronic funds transfer (NEFT) service for fund transfers will not be available for 14 hours on May 23, the Reserve Bank of India (RBI) has said. "A technical upgrade of NEFT, targeted ...

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. After announcing its ...

The RBI said in a notification that the service would be disrupted from 12.01 pm to 2 pm on Sunday due to the NEFT system upgrade. "A technical upgrade of NEFT, targeted to enhance the performance and ...

Individuals from Monday will be able to transfer money online through National Electronic Funds Transfer (NEFT) process, on a round-the-clock basis without any restriction. The NEFT is used to ...

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 persons ...