What info is essentially required by a bank for online fund transfer by RTGS ?


To be able to wire money online by RTGS system ,the remitting customer has to furnish the following information to a bank for effecting a RTGS remittance:

  1. Amount to be remitted
  2. His account number which is to be debited
  3. Name of the beneficiary bank
  4. Name of the beneficiary customer
  5. Account number of the beneficiary customer
  6. Sender to receiver information, if any
  7. The IFSC Number of the receiving branch