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
- Initial Public Offering (IPO) Definition
- Swiss Interbank Clearing (SIC) Definition
- Ripple Definition
- Point Of Interaction (PoI) Definition
- European Banking Authority (EBA) Definition