Business Studies, asked by bharat000, 6 months ago

How is NEFT related to e banking system?

Answers

Answered by sukhman001

2

Answer:

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.

Explanation:

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