Electronic Fund Transfer Process in Bangladesh - Royal Capital : Online Stock trading at a lowest price from biggest stock broker
Electronic Fund Transfar

Electronic Fund Transfer

BEFTN, NPSB, RTGS

BEFTN

  • Bangladesh Electronic Funds Transfer Network (BEFTN) is a system of transferring money from one bank to another bank without money changing hands
  • No additional charges required
  • Transfer within 48 hours
  • Supported by all banks in Bangladesh

RTGS

  • RTGS is a real time electronic funds transfer mechanism for domestic transaction
  • Minimum transaction limit is BDT. 100,000
  • Real-time fund transfer
  • Supported by all banks in Bangladesh

NPSB

National Payment Switch Bangladesh (NPSB) is a domestic ATM sharing network governed by the Bangladesh Bank

    Catagory Maximum Limit of daily transaction Maximum Limit of individual transaction Maximum number of daily transaction
    Individual 5,00,000 1,00,000 10 Times
    Company 10,00,000 2,00,000 20 Times

    Read FAQ to learn more