UAE Fund Transfer System processed transactions worth AED3 trillion in Jan-Feb 2024

Apr 30, 2024

The gross value of interbank fund transfers through the UAE Fund Transfer System (UAEFTS) rose to more than AED 3 trillion during January and...

RTGS facility to be unavailable for 14 hours on Sunday

Apr 15, 2021

Mumbai (Maharashtra) [India], Apr 15 : The Real Time Gross Settlement (RGTS) service for fund transfers will not be available for 14 hours on...

UP CM transfers online fund worth Rs 218.50 cr to SHGs

May 21, 2020

Lucknow (Uttar Pradesh) [India], May 21 : Uttar Pradesh Chief Minister Yogi Adityanath on Thursday transferred online, Revolving Fund and Community Investment Fund, of...

RBI, Nepal's Central Bank sign terms for UPI-NPI integration

Feb 15, 2024

The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund...

Soon money transfers between India-Singapore using UPI: Indian envoy

Nov 11, 2022

India and Singapore have completed technical preparations to link their fast payment systems UPI and PayNow to enable fund transfers between the two countries...

RBI directs banks to implement beneficiary name look-up for RTGS, NEFT transfers by April 2025

Dec 31, 2024

The Reserve Bank of India (RBI) has directed banks giving Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) services to introduce...