Showing posts with label rtgs. Show all posts
Showing posts with label rtgs. Show all posts

Sunday, April 26, 2015

What is NEFT & RTGS? Make a note of these highly used common terms

Very often we can hear these two words during our bank transaction.

  • NEFT
  • RTGS
But what exactly these two words mean? Lets look into little bit deeper.

What is NEFT?

It is a nationwide payment system facilitating one to one fund transfers.using these scheme,you can transfer funds from any bank branch to any individual having an account with any other bank within