Posts Tagged ‘RTGS’

Difference between NEFT, RTGS, ECS and IMPS

Difference between NEFT, RTGS, ECS and IMPS

Do you know the difference between NEFT, RGTS, ECS and IMPS? Many times we listen to these words but probably we don’t know the exact meaning. The system that enables electronic transfer of funds is NEFT, RTGS, ECS and IMPS. Remember the days when you need to go to the bank to deposit cheque, stand in the long queue waiting for the token number. All these has become history today. Now you can transfer money online with the click of […]