Nomenclature notwithstanding, a Wire Transfer in India can be called any of the following:
Almost all the banks have online wire transfer .. but yes if you are doing international wire transfer Citibank is offering this service .... you may check them on the link given below .. http://www.keepapromise.in/
t care
It (Group Payment or GRPT) is an on line fund transfer facility available to customers maintaining account in the group of banks coming under State Bank of India (SBI) - such as State Bank of Hyderabad, State Bank of Travancore, and many other similar banks in State Bank of India Group - The group includes SBI also. It appears that there is no transfer fee for this mode of transfer.
Apex Banks are those banks in India which controls the other bank in india. It is RBI in India.
Reserve bank of India not only regulates the public sector banks in India, but also the private banks and international banks that operate inside India. Reserve Bank of India supervises/oversees the banking operations of all banks in India. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds). They also decide the lending and deposit rates for all banks in the country.
State Bank of India is the richest bank in India after RBI. Mr. O.P. Bhatt is the present Chairman (Head) of State Bank of India. SBI is the largest bank in India and is also the largest public sector bank in India. It has more than 16,000 branches in India which is the largest banking branch network in India.
Foreign banks operate in India, just the way the local banks do. They are bound by all the rules and regulations that are applicable to banks based out of India and they are governed by the Reserve Bank of India that controls/governs all banks operating in India. Some of the foreign banks that operate in India are: 1. Citibank 2. HSBC 3. Standard Chartered 4. Barclays 5. Etc.
Remit to India provides secure money transfer services from many countries to India with their over 80 partnered banks. Methods of transfer include ACH, Check, Wire and Online.
In the United Kingdom, most High Street banks will send money to India for their customers via international transfer. The financial company Western Union will also transfer funds to India but the sender will need to provide proof of identity.
Banks in India these days have started offering competitive services like internet banking, mobile banking, telephone banking etc because of the foreign banks. The foreign banks offer these kind of services abroad and can easily offer them in India and to compete with them Indian banks offer these facilities as well.
In exactly the same way you use any bank transfer. If such things were different the banks would lose customers. Money transfer is simple, most banks allow you to do so online.
Online banks often offer the best rates by passing the savings compared to their brick and mortar counterparts on to you. DepositAccounts reports an online bank offering 2.55% for an 18 month CD now.
Several online refinancing sites such as DailyMarkets and Realtor provide lists of banks offering the lowest mortgage rates currently available. On average, credit unions offer some of the lowest mortgage rates.
There are many banks in India that offer a DEMAT account. Any Indian citizen who has a valid residence proof and PAN card can open a DEMAT account. Some banks that offer such services are:ICICIHDFCSBIAxis BankKVBetc
banks in india was nationalised in 1969
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
It (Group Payment or GRPT) is an on line fund transfer facility available to customers maintaining account in the group of banks coming under State Bank of India (SBI) - such as State Bank of Hyderabad, State Bank of Travancore, and many other similar banks in State Bank of India Group - The group includes SBI also. It appears that there is no transfer fee for this mode of transfer.
Major financial institutions which offer free online checking accounts include Chase, Bank of America, and ING.
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.