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Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfers
Charges for IMPS money transfer August 2024: SBI vs HDFC Bank vs ICICI Bank vs Canara Bank “Introduction of beneficiary account name look-up facility: Payment Systems like UPI and IMPS provide a ...
The Financial Express1mon
RBI’s new initiative to prevent incorrect RTGS and NEFT fund transfers
Currently, the Unified Payments Interface (UPI) and Immediate Payment Service (IMPS ... the name of the beneficiary account holder before initiating funds transfer, it is now proposed to introduce ...