Banking

Difference Between IMPS and NEFT

NEFT and IMPS are two types of RTGS systems based on the nature of fund transfer. NEFT and IMPS is an electronic funds transfer system that facilitates person-to-person and bank-to-bank money transfer transactions between different bank accounts in India. IMPS and NEFT are exceptionally similar, yet they are different too. IMPS vs NEFT The main …

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