tag:blogger.com,1999:blog-7036721709697976873.post2715978374026613888..comments2023-09-01T23:33:35.514-07:00Comments on SavingsFunda: Difference between NEFT and RTGS or IMPS Interbank Fund transfer Indiajavin paulhttp://www.blogger.com/profile/15028902221295732276noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-7036721709697976873.post-6655975741400717602019-11-18T04:00:10.917-08:002019-11-18T04:00:10.917-08:00Yes, you can, transferring to NRO Account is not a...Yes, you can, transferring to NRO Account is not a problem, NRE would be as you can only deposit foreign fund on them. javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-63866420524036140782019-11-17T04:31:35.316-08:002019-11-17T04:31:35.316-08:00Can I transfer funds online (NEFT) to third party ...Can I transfer funds online (NEFT) to third party NRO account. I have Domestic SB bank account in HDFC Bank and Party has NRO account in Kotak Bank will it possible to transfer via NEFT. Request your urgent response. Anonymoushttps://www.blogger.com/profile/10710135000134748831noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-31613999569299189302019-05-26T06:52:27.679-07:002019-05-26T06:52:27.679-07:00Yes, IMPS option is not available for NRE account ...Yes, IMPS option is not available for NRE account holders.javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-43830824893206200562019-05-26T06:52:02.266-07:002019-05-26T06:52:02.266-07:00Yes, PAN Number is mandatory for any transfer over...Yes, PAN Number is mandatory for any transfer over more than 50,000javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-80575950642629522002019-05-26T03:26:17.289-07:002019-05-26T03:26:17.289-07:00Sir, I want to transfer 4 lakhs Rs to my relatives...Sir, I want to transfer 4 lakhs Rs to my relatives account in saving account so is pan card is mandatory to transfer in saving account by RTGS.Anonymoushttps://www.blogger.com/profile/13806334403491704637noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-27491775790748817092018-12-03T21:25:45.895-08:002018-12-03T21:25:45.895-08:00I would like to know about the availability of IMP...I would like to know about the availability of IMPS for NRE Account holders. When I check with ICICI Bank they told, they don't have any such option. KRISHNAhttps://kikku.menoreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-84231002339898391032018-05-12T23:37:00.216-07:002018-05-12T23:37:00.216-07:00Yes, Transferwise is very well known service and I...Yes, Transferwise is very well known service and I don't think its a problem, but you better deposit fund into your NRE account for many other benefits e.g. interest earned in NRE account will not be taxable and you will be able to repatriate money back to overseas if required. For NRO account, you lose both those benefit. javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-69954144414269903112018-04-03T02:02:27.920-07:002018-04-03T02:02:27.920-07:00Can a third party in India, transfer funds into m...Can a third party in India, transfer funds into my NRO account. This third party is an international funds transfer company, but the way they transfer funds is different. They receive money in foreign funds in your country of residence and then deliver the currency you want from their domestic accounts in that country. These are recognized and legal entities and fully governed. The company I am using is called transferwise. Thank you for your responseNCVhttps://www.blogger.com/profile/01918253305655666241noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-52675883121622678072018-04-03T01:59:32.315-07:002018-04-03T01:59:32.315-07:00Can I receive money in my NRO account from a third...Can I receive money in my NRO account from a third party in India, by way of bank transfer. Can some one pleae help. ThanksNCVhttps://www.blogger.com/profile/01918253305655666241noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-6717791157036131552017-04-29T02:05:02.868-07:002017-04-29T02:05:02.868-07:00@Anonymous, you can send money using outward remit...@Anonymous, you can send money using outward remittance. Most of the banks e.g. Axis bank allow this facility from netbanking channel. If you have an NRE account then you can easily remit this money to China using correspondence bank, wire transfer or ACH transfer. javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-74278135187368166772017-04-29T02:03:32.963-07:002017-04-29T02:03:32.963-07:00Thank you deepak, glad that you find this informat...Thank you deepak, glad that you find this information useful.javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-10064905757644160082017-04-29T02:03:12.180-07:002017-04-29T02:03:12.180-07:00The IFSC code is used to identify where account is...The IFSC code is used to identify where account is located, this information is used while doing settlement of transaction. javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-34077605118796467742017-04-29T02:02:13.775-07:002017-04-29T02:02:13.775-07:00Hello Anonymous, maximum limit for IMPS is 2 lakh ...Hello Anonymous, maximum limit for IMPS is 2 lakh if you are transferring using Account Number and IFSC code and Rs 10000 if you are transferring using mobile number and MMID, both limit are same even if you transfer from mobile or internet. javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-65115713681286630892017-04-29T01:59:40.535-07:002017-04-29T01:59:40.535-07:00Hello Shrikant, Yes, you can transfer funds from N...Hello Shrikant, Yes, you can transfer funds from NRE accounts to any saving account (NRE, NRO, or Resident Saving account) using NEFT, RTGS, or IMPS, there is no restriction on that. Only thing you need to keep in mind that you cannot transfer fund from those account to your NRE account bank, it can only funded using foreign currency e.g. remittance or cheques. javin paulhttps://www.blogger.com/profile/15028902221295732276noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-50139944672413386052017-04-29T01:57:26.069-07:002017-04-29T01:57:26.069-07:00may i transfer funds from nre account to any savin...may i transfer funds from nre account to any saving account using imps ?Anonymoushttps://www.blogger.com/profile/15667907485672613787noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-79175453963792137952017-04-12T21:09:47.430-07:002017-04-12T21:09:47.430-07:00what is Max amount that can be transfer using IMPS...what is Max amount that can be transfer using IMPS?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-16033019074717585322016-12-27T18:42:08.217-08:002016-12-27T18:42:08.217-08:00very helpful one, thanks to blogger.very helpful one, thanks to blogger.Deepakhttps://www.blogger.com/profile/06655430130327430535noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-11769514589267132672016-12-15T23:56:23.691-08:002016-12-15T23:56:23.691-08:00every account number is a unique number then what ...every account number is a unique number then what is need of ifsc code during transaction ?srbcheema2https://www.blogger.com/profile/13669379722734012420noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-62993481450527428522016-11-04T02:41:51.958-07:002016-11-04T02:41:51.958-07:00No,absolutely wrong.The Bank of Baroda charging fo...No,absolutely wrong.The Bank of Baroda charging for neft/rtgswatchmanhttps://www.blogger.com/profile/10938929138668665015noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-75147321083010736222016-09-17T02:16:13.920-07:002016-09-17T02:16:13.920-07:00My son is studying in china. How can I send his fe...My son is studying in china. How can I send his fees 5 lack fees to his china bank account by online. I have NRI account in Indian bank kollam Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-5096429407782230482016-07-19T01:04:53.360-07:002016-07-19T01:04:53.360-07:00of around 60 participant banks only SBI, AXIS, ICI...of around 60 participant banks only SBI, AXIS, ICICI and UCO Bank are charging. Rest of the banks are providing this for free.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-77659381520244177702016-06-11T09:39:08.908-07:002016-06-11T09:39:08.908-07:00 I m transfering 10000 it deducts extra 5.73 ₹ eve... I m transfering 10000 it deducts extra 5.73 ₹ every time sbi 2 sbi why??Anonymoushttps://www.blogger.com/profile/17925816944597560399noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-7629240762797809162016-02-11T07:17:33.986-08:002016-02-11T07:17:33.986-08:00How to stop neft transfer from SBI to hdfc bank.How to stop neft transfer from SBI to hdfc bank.Anonymoushttps://www.blogger.com/profile/15388037902821918522noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-40203014498191848352015-09-05T14:09:04.845-07:002015-09-05T14:09:04.845-07:00very helpful post, thanks for putting togethervery helpful post, thanks for putting togetherAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-80924663465993881692015-04-16T14:57:14.464-07:002015-04-16T14:57:14.464-07:00Thnx 4 sharing dis precious information wid usThnx 4 sharing dis precious information wid usAnonymoushttps://www.blogger.com/profile/04959860495019429475noreply@blogger.com