Online interbank money transfer

Posted by on August 14th, 2008 at 05:47pm

wrote an interesting post today on
Here’s a quick excerpt
Online interbank money transfer Transferring money from one bank account to another one is quite easy. Most of the people don’t know about it and don’t use it. Its very powerful, very safe, absolutely free and fast. It saves lots of time and paperwork(and so the environment). There are two service RBI offers for the same 1. NEFT (National Electronic Funds Transfer system) - a nation wide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch.).

Read the rest of this great post here

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