Soon, you can verify beneficiary bank account name for RTGS, NEFT transactions
The Reserve Bank of India will introduce a name look-up facility for RTGS and NEFT systems by April 1, 2025. This will allow ...
NEFT, RTGS rule change: Verify beneficiary names easily with new account name lookup facility; when can you use it?
There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to limit the ...
Income Tax: How to e-verify your return? 5 Key points to know
Typically, verification must be done within 30 days. Now since 30 days have elapsed from the time of submission of ITR data, ...
Banks to provide beneficiary account name look-up facility in NEFT, RTGS by April 1
The Reserve Bank of India (RBI) has asked the National Payments Corporation of India (NPCI) to develop a facility to allow ...
RTGS, electronic funds transfer: Banks to introduce beneficiary bank account name look-up facility
RBI mandates banks to offer beneficiary account name look-up facility for RTGS and NEFT transactions by April 1, 2025.
NEFT, RTGS update: RBI introduces name lookup facility to verify beneficiaries | Know details
The RBI is launching a beneficiary account name look-up feature for RTGS and NEFT systems to prevent incorrect fund transfers ...
ndtvprofit8d
Banks To Offer Beneficiary Account Name Lookup Facility In NEFT, RTGS By April 1
By April 2025, banks must provide a facility to verify beneficiary account names during NEFT and RTGS transactions, as ...
Tax Guru8d
RBI Introduces bank account name look-up facility for RTGS & NEFT
The Chairman / Managing Director / Chief Executive Officer of Banks participating in RTGS and NEFT systems Introduction of ...
You will soon be able to verify beneficiary details during RTGS, NEFT payments for free
RBI is introducing a new mandate for all banks to introduce name lookup while adding beneficiary details for payment.
devdiscourse8d
RBI Mandates Name Verification for RTGS and NEFT Transfers
The Reserve Bank of India has directed the National Payments Corporation of India to develop a feature allowing customers to ...
Google Wallet and PayPal are having issues, but a fix is on the way
Google highlighted that Wallet is encountering issues with PayPal payments for users in the U.S. and Germany when in-store.
RBI directs banks to let remitters verify account name before RTGS, NEFT transfers
The Reserve Bank of India (RBI) on Monday directed all banks to put in place a facility to enable a remitter to verify the beneficiary bank account name before initiating a transaction using the RTGS ...