Electronic Fund Transfar

Electronic-Fund-Transfer

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
  • Daily transaction limit is BDT. 200,000
  • Maximum BDT. 50,000 in each transaction
  • Maximum five (5) transaction in a day
  • No additional charges required
  • 24 hours instant deposit facility
  • Available with 19 banks in Bangladesh

Read FAQ to learn more