Connect with us

Hi, what are you looking for?

News

Federal Bank launches card to card money transfer

4sept20151Federal Bank has launched instant fund transferring facility through ATMs. The facility known as C 2 C, which denotes Card to Card, allows customers to transfer funds from one card to another. Federal Bank said the customers can transfer money to other 11 banks that are providing the facility. The customer can transfer funds by entering the beneficiary’s 16 digit debit card number and then entering the amount. A maximum of Rs 5000 can be transferred in a day and up to a maximum of Rs 25,000 per month, as per RBI rules. The bank said the fund transfer happens through the platform provided by NPCI and hence it is secure.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PR Newswire

Copyright © Glocal Infomart Pvt Ltd. All rights reserved. Usage of content from website is subject to Terms and Conditions.