IMPS or NEFT

#1

Which is quicker and safer – IMPS or NEFT?

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#2

Hi,

Both IMPS and NEFT enables you to transfer funds from one bank account to another. However, with NEFT, the funds are transferred only during the working hours of the bank and happens in batches, which means the transfer could be delayed. But with IMPS, funds can be transferred immediately at any time.

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Cheers,
Team BB

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