KOCHI: South Indian Bank has introduced the National Electronic Funds Transfer (NEFT) system. It facilitates banks to transfer funds electronically from one customer account of an NEFT participant bank branch to another customer account of any other NEFT participant bank branch in India in a secure, economical and expeditious manner. With the introduction of the new facility, the bank can effect all types of inter-bank customer payments instantaneously.

More In: KERALA | NATIONAL