I needed to send a rather urgent payment, and even though the bank was supposedly offering near-instant transfers, it was still delayed, and the support was not good at all, luckily it did arrive on time.
It was like trying to win a level on Moto X3M, only to hit an unexpected obstacle right at the end. Hope this IBFT thing is smoother.
If it weren’t for online payment services, e-wallets, and digital banks, I honestly can’t imagine how sending and receiving money quickly and easily would even be possible. There are different services and people who prefer different ones, but we’re used to using Korona Pay https://koronapay.com/transfers/europe/en/landing/gb-uz/. Money is not easy right now, especially after I moved abroad hoping to settle here. I still have to rely on help from people close to me, including financial help.
It is an online service that is offered free of cost to all customers with banking relationship with Standard Chartered which will allow them to transfer money to Banks participating in NEFT through Net Banking. Using the service, you could debit your (customers) account with us and we would, use RBIs National Electronic Funds Transfer System (NEFT) to remit the funds (credit them) to your beneficiarys bank account held with a bank in India.