National Electronic Funds Transfer (NEFT)
Definition of what National Electronic Funds Transfer (NEFT) stands for (in finance):
System of the Reserve Bank of India that processes payments as an automated clearing house (ACH).
More Term Definitions
- Real-Time Credit Transfer Payments (RTP) Definition
- Four-Corner Model Definition
- Loan-to-Value (LTV) Definition
- Processor Definition
- Proof-of-Work (PoW) Definition
