SWIFT messages are used for funds transfer.
how do I set up electronic funds transfer
Fund are needed urgently.
Just get the person in Canada to transfer it into your UK account. They just have to tell the bank in Canada they want to 'wire some cash to the UK'. All they need is your bank details - Bank, branch, sort code and account number. The Canadian bank will electronically transfer the funds (in dollars) to the UK - and your UK bank will convert it into Sterling at the rate when the transfer takes place.
Credit Funds Transfer
NEFT Stands for National Electronic Funds Transfer. This facility is available only for funds transfer within India from one bank to another. This facility is not available for international funds transfer. If you wish to transfer money from UK to India, use an international wire transfer or other money remittance options available to transfer funds from abroad to India.
NEFT stands for National Electronic Funds Transfer. It is an electronic funds transfer service that is available for the citizens of India to transfer funds electronically from one bank to another. All banks have a unique NEFT code using which the bank name and the branch can be identified. Whenever you initiate a funds transfer request using NEFT, the NEFT code of the bank which is supposed to receive the funds is mandatory.
The allocation depends on the funds available and where the funds are most needed.
Is ktt transfer effective way of funds transfer?
The fastest way to transfer funds electronically is by a CHAPS transfer, which sees the funds move instantly from one account to another. Almost all commercial and retail banks will offer this service, usually for a fee.
A bank transfer is an alternative term for a wire transfer - a transfer of funds between banks via electronic means.
how long for elctronic transfer of funds