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What does efts stand for?
EFT stands for Electronic Funds Transfer. It is a facility using which customers can transfer funds from one bank account to another without having to write/issue/receive/deposit Cheques. Everything happens electronically through internet banking without use of paper instruments. In India we have two types of EFT available: a. National Electronic Funds Transfer - NEFT for small amounts b. Real Time Gross Settlement - RTGS for large amounts
How muct time does it take to transfer money from YES bank to ICICI bank?
It depends on how you transfer the money. If you are using NEFT (National Electronic Funds Transfer) it will usually take one business day and if you are using RTGS (Real Time Gross Settlement) it will take usually one to two hours.
What are two products or services available at Postbank in South Africa?
South African Postbank savings accounts, investments, transactional accounts and insurance. The offer services such as electronic funds transfer, so one can create transactions easily.
What are sources of remittance?
This can be two things: 1. Originator of funds (i.e. the remitter), the person(s)/entity that initiated the funds transfer, and 2. Source of funds, implying what are the source of funds for the remittance, i.e. where is this money coming from.
What are two examples of heat transfer?
Convection - heat transfer through liquids.Conduction - heat transfer through solids.Radiation - heat transfer through vacuum.
Can you do a direct money transfer from Santander to Nationwide and receive the cash the same day?
No - transfers between accounts at the same bank will generally happen instantly but electronic funds moving between these two banks usually take at least 24 hours.
How do you transfer funds from NZ to Australia?
ANZ would probably be the easiest and cheapest if you had two ANZ accouts.
(a)Blank) are activities involving the transfer of healthcare information and (b)Blank) means the movement of electronic data between two entities and the technology that supports the transfer.?
(a) Transactions(b) transmission
What is indirect transfer?
Indirect transfer refers to moving funds or assets from one account to another through a third-party intermediary, rather than directly between the two accounts. This method is commonly used for various financial transactions to maintain anonymity or comply with regulatory requirements. Examples include wire transfers, money orders, and cashier's checks.
What are public works give two examples.?
Structures, as roads, dams, or post offices, paid for by government funds for public use.
What is the difference between a direct loan and an EFT loan?
The two comparison items, Direct and EFT, are generally mutually exclusive. Direct loans are loans that are provided directly from a lender to the borrower without the use of a third-party. Electronic Funds Transfer (EFT) is a generic description for moving funds between computer systems. Most direct loans are disbursed to borrowers via EFT (typically into a personal checking or savings account).
What are the two primary types of mutual funds?
The two primary types of mutual funds are "no-load" and "load" funds
