How to Transfer Money from One Bank Account to Another Online:– Banking is one of the most essential part in our day to day life. From all the banking activities, money transfer is a much needed one for all of us. There are two basic methods to transfer money from one account to another. The first one is the old traditional offline method and another is the online or electronic money transfer method.
By using the old method, you can transfer money from one bank account to another bank account by Cash, Cheque and Demand Draft. If you want, you can still use these methods of transferring money, but these methods are very time consuming.
Nowadays electronic or digital transactions are increasing day by day. There are many online methods are available to transfer money from one account to another. These electronic payment methods are very simple, easy, convenient and faster. In this article you’ll get every detail of electronic money transfer methods.
How to Transfer Money from One Bank Account to Another Online (IMPS, UPI, NEFT, RTGS):
Immediate Payment Service (IMPS)
IMPS provides an instant, 24×7 inter bank electronic fund transfer service. Using IMPS