Business Studies, asked by rohitpandeyrr123, 1 year ago

Expand NEFT. State any two features of NEFT

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Answered by mushaviaqamar
0

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer.


Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme

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