Barclays Global Retail and Commercial Bank (GRCB) India has enhanced its ‘Online Banking’ service , with National Electronic Funds Transfer (NEFT) facility. Barclays account holders can now conveniently transfer funds faster to any bank account in India over a secure platform.
The funds will be transferred to the beneficiary’s bank using the Reserve Bank of Payment Interface (PI).
Ram Gopal, interim managing director, Barclays Global Retail and Commercial Bank (GRCB) said, “With ‘Online Banking’ , our customers can now access banking services instantly anytime and anywhere at their convenience. This is an important step towards providing yet another value added service.”
Customers banking online will have a daily transfer limit of Rs 49 , 999 and the transactions will be processed in two batches with a turn-around time of 24 hours or the same working day depending on the batch in which the transaction is captured.
