Funds Transfer:

Samata Co-operative Development Bank Ltd. provide Funds transfer refers to the process of moving money from one account to another, either within the same financial institution or between different banks. It enables individuals, businesses, and organizations to send or receive money quickly and securely without the need for physical cash. Fund transfers can be carried out through various methods such as Electronic funds transfer (EFT), Real-Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IMPS) and Unified Payments Interface (UPI). These systems allow domestic money movement.

In summary, funds transfer is an essential banking service that facilitates the safe, efficient, and timely movement of money between accounts using electronic or digitally.