#1
22nd November 2017, 10:58 AM
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NEFT Form of State Bank of Hyderabad
Can you provide me the Application Form for Real Time Gross Settlement/ National Electronic Funds Transfer (RTGS/NEFT) of State Bank of Hyderabad, now merged with State Bank of India?
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#2
22nd November 2017, 11:29 AM
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Re: NEFT Form of State Bank of Hyderabad
State Bank of India offers Real Time Gross Settlement System (RTGS) & National Electronic Fund Transfer system (NEFT) which enables an efficient, secure, economical and reliable system of transfer of funds from bank to bank and from remitters account in a particular bank to the beneficiarys account in another bank across India. RTGS: An electronic payment system in which payment instructions between banks are processed and settled individually and continuously, on a real time basis, throughout the day available for transaction value of Rs.2.00 lacs and above NEFT: Another electronic payment system in which payment instructions between banks are processed and settled on deferred net settlement (DNS) basis at fixed times during the day. There is no minimum or maximum set transaction value for using this facility. Information Required for transfer of Funds Amount to be remitted Account no. to be debited Name of the beneficiary bank Name of the beneficiary customer Account no. of the beneficiary customer Sender to receiver information, if any IFSC code of the receiving branch.(IFSC Code is printed on cheque leaves.) NEFT Form of State Bank of India |
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