National Electronic Funds Transfer (NEFT) Definition

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

• Back-End
• Second-Stage Financing Definition
• Decentralized Identifier (DID) Definition
• Divesting Stage Definition
• Open Banking Definition